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Get the free New Schedules K-2 and K-3, Form 1065 - cs nyu

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EisnerAmper LLP750 Third Avenue New York, NY 100172703 Tel 212.949.8700 Fax 212.891.4100www.eisneramper.come YorkXL07814.000New JerseyPennsylvaniaCaliforniaCayman IslandsConnecticutFlorida651113 AMENDED
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New Schedules K-2 and K-3 are supplemental forms introduced by the IRS to report items of international tax relevance for partnerships and S corporations.
Partnerships and S corporations that have foreign activities or foreign partners are required to file new Schedules K-2 and K-3.
Taxpayers must provide detailed information regarding international tax items on these schedules, following the instructions provided by the IRS for proper completion.
The purpose of the new Schedules K-2 and K-3 is to ensure proper reporting of international tax issues, facilitating transparency for the IRS and providing necessary information for partners and shareholders.
The schedules must report items such as foreign tax credits, income from foreign sources, and any other information relevant to international tax compliance.
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