Current Federal Tax Developments

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2022-02-21 IRS Issues Additional K-2 and K-3 Filing Relief - How Much Does It Help?

February 20, 2022 by Ed Zollars, CPA

This week we look at the IRS's newly issued 2021 Schedule K-2 and K-3 filing relief. How much does the option added in Question 15 of the newly released FAQ on K-2 and K-3 issues really help partnerships and S corporations? Who does and doesn't qualify for this relief? And what about 2022 and future years?

An audio only version of this week’s broadcast can be downloaded or streamed below:

A copy of the slides are available this week for information on this week’s developments:

2021-02-21 Current Federal Tax Developments Slides

February 20, 2022 /Ed Zollars, CPA
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