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Level 3
February 24, 2023
Question

Is there an election to NOT print K-2's and K-3's

  • February 24, 2023
  • 1 reply
  • 14 views

We find that the K-2's and K-3's are not needed for out clients.  How do we turn them off?

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1 reply

abctax55
Level 15
February 24, 2023

Did all the shareholders or partners confirm they don't need K-2/K-3?   By 2.15.23?

See the reply by Phoebe.... this provision was rescinded and I didn't 'get the message' 🙂

If so, for S-Corp > Screen 86.1 > mark the box "Qualified for exception to filing Sch K-2.  I don't have the partnership module open, so I'll let you look for it...

HumanKind... Be Both
KDJAuthor
Level 3
February 24, 2023

Thank you!