Thank you for your previous assistance!
I want to make sure if I have to file USO partner K-1. IRS form 1065 instruction "purpose of schedule k-1" is read : "The partnership uses Schedule K-1 to report your share of the partnership's income, deductions, credits, etc. Keep it for your records. Do not file it with your tax return unless you are specifically required to do so. (See the instructions for Code O. Backup withholding, later.) The partnership files a copy of Schedule K-1 (Form 1065) with the IRS."
I don't see code "O" in any of my k-1 boxes, how can I know I am specifically required to do file? or USO partner have to file, no exception?
I appreciate your further help!
Don
