The IRS has just released the draft instructions for 2022 partnership return and the good news is the instructions include an exception for filing the Schedules K2 and K3 for domestic partnerships.
Bad news is the partnership must meet four criteria to qualify and special instructions if qualifying for only 3 of the criteria.
It is critical for CPAs, EAs and tax professionals to get updated to how these changes will affect their clients going forward.
We put together a FREE 1-hour webinar that will answer all of your K-2/K-3 questions.
Get the full course recap, and relevant documents in print form for future reference.
Learn how to apply the 1065 Domestic Partnership filing exception for Schedules K-2 and K-3. Get up to 1 hour of CPE credit.
Get all the slides from our webinar in print form for your future use.