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Schedule K-2 and K-3
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josephfolsomcpa
Level 4
02-14-2022
02:42 PM
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I'm trying to figure out the schedule K-2 and K-3 forms for both S-corp and partnerships. None of my 1065 or 1120S clients have any foreign transactions at all. When the K-2 form is "activated" in proseries, it appears that nothing populates from the other information entered on the return. So it looks like the entire form set has to have any data entered manually. Is this correct?
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