Estimated Time per Respondent: 89 hours, 44 minute. [sic]That’s the amount of time the IRS thinks is required to prepare Form 8865. Give yourself an extra 90 hours of work to do if you are a partner in a foreign partnership. Every stroke of tax planning genius is balanced by a metric ton of paperwork.
Tax laws change over time, and the information in this post above may be less accurate today than it was at the time of the last revision. This post is not tax advice for your specific situation. Please contact an international tax professional to get personalized advice for your situation.