if this strictly US income, you do not have a K-3 reporting requirement. The reason this was sent to you is if the entity that reported has foreign partners, then they would need to comply with the foreign tax requirements in their countries and report the K-3 information on their foreign returns. In this case, the business entity needs to send the k-3's to every partner, regardless whether or not a specific partner has a reporting requirement.
@Dragon_not_fly
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