TaxGuyBill
Level 15
12-06-2019
04:48 PM
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Can you clarify your first sentence? I'm a bit unclear what you mean.
Yes, the K-1 will have the EIN of the Partnership. The IRS *should* know that the Partnership owns the disregarded entities, so it *should* know that any informational reporting in the disregarded entity's EIN belongs on the Partnership return.
Yes, the K-1 will have the EIN of the Partnership. The IRS *should* know that the Partnership owns the disregarded entities, so it *should* know that any informational reporting in the disregarded entity's EIN belongs on the Partnership return.