How could I skip the critical diagnosis for Schedule K-3 for foreign partners without a SSN or ITIN?

Forum|Forum|3 years ago
March 13, 2023
2 replies
14 views

Last year, we didn't need the SSN or ITIN for our foreign partners for reporting Schedule K-3. This year this is a critical diagnosis. How could we solve it?

ProConnect Tax

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Best answer by ProActive Bookkeeping Consulta

I received the same and couldn't used "Applied For" either. I saw a post on the ProConnect Tax Online facebook page and the person spoke with a representative from PTO stating we had to paper file. So, that is what I did yesterday for 50+ pages.

ProActive Bookkeeping ConsultaAnswer

Level 3

I received the same and couldn't used "Applied For" either. I saw a post on the ProConnect Tax Online facebook page and the person spoke with a representative from PTO stating we had to paper file. So, that is what I did yesterday for 50+ pages.

A

ana-barbaraAuthor

Level 2

Thank you! You reminded me to join the FB group and I will follow your advice to paper file.

itonewbie

Level 15

ITIN has been a requirement for foreign partners who are subject to reporting and withholding requirements. And the IRS is just tightening up the validation check for consistency now.

Intuit's previous advice for choosing "Applied For" to circumvent the system was misplaced because that option should really not be chosen unless an application for ITIN was, indeed, in process.

Why would the foreign partner not apply for an ITIN? Is there no income at all, ECI or FDAP, flowing through from the partnership?

---------------------------------------------------------------------------------Still an AllStar

A

ana-barbaraAuthor

Level 2

Thanks for your reply!

In this case, yes, there is no ECI or FDAP. This is a final return for a partnership with 12 foreign partners, the only record is $150 from bank fees. So I am assuming we will have to paper file this time.

Thanks!

itonewbie

Level 15

Think that's what you'd need to do.

---------------------------------------------------------------------------------Still an AllStar

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