Getting to Know the K-1 – Partnership Allocations under §§704(b) and 704(c)
Form 1065 Frequently Asked Questions - Negative Tax Basis Capital Account Reporting Requirements
2019 Form 1065 - Schedule K-1 (Final)
Current Federal Tax Developments Coverage
February 15, 2019 - IRS Adds Requirement for Tax Basis Partner Capital Information Reporting to Form 1065 Instructions
March 7, 2019 - Partnerships Required to Add Tax Basis Capital Information to Partner K-1s Given Until March 15, 2020 to Provide the Information to the IRS
November 4, 2019 - Partnership Draft 2019 Instructions Add Same §199A Statements as Were Added for S Corporations (Tax Basis Only Reporting on Draft K-1)
December 10, 2019 - IRS Delays Requirement to Report Tax Basis Capital Accounts on Partnership K-1s