TURBOTAX - K3 - TURBOTAX - InvestorVillage


This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: TURBOTAX   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  523 of 540  at  4/11/2022 11:33:14 PM  by

ARB


K3

The K3 for NuStar is avaliable. The final instructions are not!

Two important things. First is if the amount of foreign taxes paid is small decide if manually filing makes sense. Second is the IRS issued a hold harmless statement. You need to make a reasonable attempt to comply and complete the K3. The K3 is 20 pages! You lack instructions. Take a look, uncheck Box 16 and move on.

I had $26 in foreign taxes from my MLPs. Not worth the hassle.

A tax client of mine owns a partnership that mostly has assets in Canada with some $1000+ in tax. Told him to file and leave a couple hundred $$ applied to 2022 taxes. File an amended return when he gets a fillable form with instructions.


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 3  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...