Lacerte Tax Idea Exchange
Submitted by mfkcpa on 02-01-2022 11:21 AMIt is necessary for us to be able to include forms K-2 and K-3 in 1065s and 1120Ss even if there is no foreign activity.
Please see this discussion
https://www.currentfederaltaxdevelopments.com/blog/2022/1/29/bd3pl7lnn5ruf2ylkei8jefx2bxkey
We are doing our clients a disservice and exposing them to significant penalties if we don't include this.
Printing the form and filing on paper, especially in today's environment, is not a practical solution.
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