<p>IRS Releases Draft Partnership Schedule K-2</p>

IRS Releases Draft Partnership Schedule K-2

Internal Revenue Service

The IRS has released a draft Schedule K-2 (Form 1065), “Partners’ Distributive Share Items — International,” for tax year 2021 to be used to report items of international tax relevance from the operation of a partnership.

<p>The IRS has released a draft Schedule K-2 (Form 1065), “Partners’ Distributive Share Items — International,” for tax year 2021 to be used to report items of international tax relevance from the operation of a partnership.</p>