Draft instructions to Form 1065 and Form 1120S Schedules K-2 and K-3 provide a new filing exception if certain criteria are met.
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Schedules K-2 and K-3 Client Information Letter
Dec 25, 2022 · 51.8 KB Download
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EXCLUSIVE
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If a taxpayer has items of international relevance, they are required to report on Schedules K-2 and K-3 if they file:
Form 1065, U.S. Return of Partnership Income
Form 1120-S, U.S. Income Tax Return for an S Corporation
Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships
Schedules K-2 and K-3 replace, supplement and clarify
Download the Schedules K-2 and K-3 Client Information Letter
File name: schedules-k-2-and-k-3-client-information-letter.docx
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