<p>IRS Releases Draft Partnership Schedule K-3</p>

IRS Releases Draft Partnership Schedule K-3

Internal Revenue Service

The IRS has released a draft Schedule K-3 (Form 1065), “Partner’s — Share of Income, Deductions, Credits, etc. — International,” and draft instructions for tax year 2021 to report items of international tax relevance from the operation of a partnership.

<p>The IRS has released a draft Schedule K-3 (Form 1065), “Partner’s — Share of Income, Deductions, Credits, etc. — International,” and draft instructions for tax year 2021 to report items of international tax relevance from the operation of a partnership.</p>