About Form 8986, Partner's Share of Adjustment(s) to Partnership-Related Item(s) (Required Under Sections 6226 and 6227)


Form 8986 is used by the audited partnership to push out imputed underpayments to its partners. Form 8986 can also be used to track the flow-through of changes due to an administrative adjustment request (AAR) filed by the partnership.        

Partners (except pass-through entity partners) who receive Form 8986 from their partnership should use Form 8978 and its Schedule A to figure additional tax due or overpayment. See the Instructions for Form 8978.       

Current Products

Form 8986PDF

Instructions for Form 8986PDF (HTML)

Recent Developments

Additional information on filing Form 8986. If you downloaded the instructions before November 2020, a cover sheet has been added to the file. The updated file for Instructions Form 8986PDF is available for download.   

Clarification for Forms 8985 and 8986, Part II, Item G -- 24-MAR-2020

Other Items You May Find Useful

All Revisions for Form 8986

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