Federal Report of a Sale or Exchange of Certain Partnership Interests

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Report of a Sale or Exchange of Certain Partnership Interests
Form 8308 (Rev. October 2024)8308

Report of a Sale or Exchange of
Certain Partnership Interests

Form
(Rev. October 2024)
Department of the Treasury
Internal Revenue Service
Name of partnership

OMB No. 1545-0123

Go to www.irs.gov/Form8308 for instructions and the latest information.
Phone number

Employer identification number

Number, street, and room or suite no. If a P.O. box, see instructions.
City or town, state or province, country, and ZIP or foreign postal code

Check if this is an amended Form 8308

Part I

or filed in respect to an administrative adjustment request

Transferor Information
Beneficial owner of the partnership interest immediately before transferring that interest:
Identifying number

Name
Number and street (including apt. no.)
City or town, state or province, country, and ZIP or foreign postal code

Check if providing record holder information:

Check if the transferor is foreign:

Notice to Transferors: The information on this form has been supplied to the IRS. The transferor in a section 751(a) exchange is required to
treat a portion of the gain realized from the exchange as ordinary income. For more details, see Pub. 541, Partnerships.
Statement by Transferor: The transferor in a section 751(a) exchange is required under Regulations section 1.751-1(a)(3) to attach a statement
relating to the sale or exchange to their return. See the Instructions for Form 8308 for more details.

Part II

Transferee Information
Beneficial owner of the partnership interest immediately after the transfer of that interest:
Identifying number

Name
Number and street (including apt. no.)
City or town, state or province, country, and ZIP or foreign postal code

Check if providing record holder information:

Part III
1
2

Transfer of Partnership Interest

Date of sale or exchange of partnership interest:
Type of partnership interest transferred:
A Capital
B Preferred
C Profits

Part IV

/

/

D Other

Partner’s Share of Gain (Loss) Required by Sections 751(a) and 1(h)(5) and (6)
The amounts in column (c) should be reported to the selling partner on their Schedule K-1 in box 20 using the
relevant code.
(a) Partnership-level
deemed sale gain (loss)

(b1) Percentage interest
in the partnership
transferred

(b2) Number of units in
the partnership
transferred

(c) Partner-level deemed
sale gain (loss)

K-1
box 20
code

1
2

Section 751(a) gain (loss) . .
Section 1(h)(5) collectibles gain

.
.

AB
AC

3

Section 1(h)(6) unrecaptured
section 1250 gain . . .

.

AD

Sign here only if you
are filing this form by
itself and not with
Form 1065.

.

Under penalties of perjury, I declare that I have examined this return, including accompanying attachments, and to the best of my knowledge
and belief, it is true, correct, and complete.

/
Signature of partnership representative or partner or limited liability company member

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 62503I

/

Date
Form 8308 (Rev. 10-2024)

Extracted from PDF file 2024-federal-form-8308.pdf, last modified October 2024

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More about the Federal Form 8308 Corporate Income Tax TY 2024

We last updated the Report of a Sale or Exchange of Certain Partnership Interests in January 2025, so this is the latest version of Form 8308, fully updated for tax year 2024. You can download or print current or past-year PDFs of Form 8308 directly from TaxFormFinder. You can print other Federal tax forms here.

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Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 8308 from the Internal Revenue Service in January 2025.

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About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Federal Form 8308

We have a total of twelve past-year versions of Form 8308 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2024 Form 8308

Form 8308 (Rev. October 2024)

2023 Form 8308

Form 8308 (Rev. October 2023)

2022 Form 8308