Information for Partnership and S Corporation Basis and Distribution Course

Slides

Updates:

Draft 2019 Instructions

Form 1065

Schedule K-1 Form 1065

Draft 2019 Form 1120-S Instructions Adds New K-1 Statements for §199A

Drafts of 2019 Forms 1065 and 1120S, As Well As K-1s, Issued by IRS

Draft Schedule K-1, Form 1120S Consolidates §199A Information to a Single Code for 2019

IRS Expands Cases Where S Shareholder Must Attach Basis Computation and Adds Check Box to Schedule E

Partnerships Required to Add Tax Basis Capital Information to Partner K-1s Given Until March 15, 2020 to Provide the Information to the IRS

IRS FAQ on Tax Basis Capital

IRS Adds Requirement for Tax Basis Partner Capital Information Reporting to Form 1065 Instructions