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Are Schedule K-3 forms really not available until late in the year? (Tax Year 2021)
I received a Schedule K-1 (Form 1065) which has a check box stating "Schedule K-3 is attached" but it's not attached. The K-1 instructions say the K-3 will be available by August 31, 2022. And when I enter the K-1 info into TurboTax, it says the IRS is still working on finishing up the Schedule K-3. Will I really need to wait 6 months to be able to complete my tax return?
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March 3, 2022
1:21 PM