eastexcpa
Level 2
01-23-2021
10:29 PM
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Thank all of you for your replies. Once again, it seems, the IRS took something that was not broken and in the process of trying to "fix" it made the situation much worse. Sending the full K-1 instructions out with the K-1's makes no sense, it would double the postage and traumatize the K-1 recipients. We need something that is simple, concise, and fits on one page. There's not a lot of codes on the K-1's I send out, so I put them on one page that is printed on the reverse of the K-1's. It has actually reduced the amount of paper I use, simplified stuffing the envelopes, and reduced the postage when sending out more than one K-1 in an envelope. Happy tax season to all!