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. Current Products Form 8986 PDF Instructions for Form 8986 PDF (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 8986 PDF 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 Other Current Products Comment on Form 8986 Use the Comment on Tax Forms and Publications web form to provide feedback on the content of this product. Although we cannot respond individually to each comment, we do appreciate your feedback and will consider all comments submitted. CAUTION: We cannot respond to tax-related questions submitted using this page. Instead, please see our Tax Law Questions page.