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Level 3
February 4, 2024
Question

Does anyone know when the IRS will have the partnership basis worksheet updated? It says amounts can't be relied upon until development is complete??

  • February 4, 2024
  • 1 reply
  • 5 views
I tried filing an extension for a taxpayer who is in a partnership. It rejected the extension saying the k-1 wks-partnership was not finalized by the taxing authority.  What is the deal?
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1 reply

taxdoerAuthor
Level 3
February 4, 2024

I found it on proseries updates. The K-1 will be ready on February 14th and can be e-filed that day. Sorry to bother you folks.