0      0

AICPA & CIMA ENGAGE 2021


TAX2117 - TAX2117. K-1 to 1040 Update - New Schedule K-2 and K-3 for 2021


Jul 29, 2021 3:00pm ‐ Jul 29, 2021 3:50pm

Standard: $49.00

Description

Big changes are ahead for 2021 Partnership K-1s.  Forms K-2 and K-3 have been added to provide greater clarity for partners on how to computer their U.S. income tax liability with respect to items of international tax relevance.  This session will highlight the changes coming for 2021 as well as the already challenging changes from 2019-2020.

Learning Objectives:
  • Outline expected changes to Form 1065 K-2 and K-3, International
  • Review existing issues and troublesome areas of Partners' Distributive Share Items
  • Discuss attendees experiences with how-to enter more complex K-1 data to arrive at substantially correct returns

Speaker(s):

You must be logged in and own this session in order to post comments.