Draft Instructions for 2022 Schedules K-2 and K-3

Will partnerships need to file K-2 & K-3?

IRS issues draft instructions for Partnership Schedules K-2 and K-3 for 2022 tax returns. On October 25, 2022, the IRS issued a draft set of instructions for partnership’s 2022 Schedule K-2 and K-3. An important element is the “Who Must File” section, because some partnerships might not have to file these two international schedules, but […]

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