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Level 5
March 2, 2024
Question

Schedule K-2/3 Filing Requirement Question

  • March 2, 2024
  • 1 reply
  • 10 views

Hi,

Does anyone know if it's ok to file the Schedule K-2/3 in some years but not others based on if the domestic partnership or S-Corp meets the K-2/3 filing requirements for the year? For example, if I filed the Schedule K-2/3 for Tax Year 2022, is it ok if I don't file the Schedule K-2/3 for Tax Year 2023 if it meets the domestic filing exception for the year?

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1 reply

sjrcpa
Level 15
March 2, 2024

Yes

The more I know the more I don’t know.