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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
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- Partnership K2/K3 Reporting of Foreign Investment
Partnership K2/K3 Reporting of Foreign Investment
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kirkavery
Level 3
03-27-2023
07:15 AM
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New partnership client just informed me they own stock in a foreign company. After reviewing the instructions for K2/K3 I don't see any guidance on exactly where to report the investment. Part I to Part IX don't appear to me to apply to owning foreign stock. I am looking for help on how to report the investment.
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