Also, a partnership that has only domestic partners may still be required to complete Part IX when the partnership makes certain deductible payments to foreign related parties of its domestic partners. For example, if the partner claims a credit for foreign taxes paid by the partner, the partner may need certain information from the partnership to complete Form 1116. A partnership with no foreign source income, no assets generating foreign source income, and no foreign taxes paid or accrued may still need to report information on Schedules K-2 and K-3. The following changes are applicable for the 2021 Partnership Instructions for Schedules K-2 and K-3 (Form 1065) PDF: The following note is added as the last paragraph in the section entitled "Who Must File" on page 2:
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