I am looking to expert advise on how to amend partnership tax return where, on 1065 schedule B , the answer to question 25 is NO.. . I looked at the article https://proconnect.intuit.com/community/partnership/help/how-to-amend-a-partnership-return-form-1065... but it does not talk about Form 8082. I believe this form is required if the partnership did not opt out of the centralized partnership audit regime
Any help will be greatly appreciated
Yes, its a 2020 return and I filed an extension along with the return. As far as I know proconnect online does not have the functionality to e-file superseded tax return. I will have to paper file that .Am I correct?
I will also e-file the taxpayer's 1040 with the modified K1 numbers. Since IRS is slow in processing new returns, there is a high chance by the time IRS matches up 1065 and 1040 the superseded 1065 return will not in the system. Will they send some kind of notice and how should I respond to that?