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When will 2021 IL Schedule K-1-P forms for IL-1065 partnership form be available?
2021 IL-1065 partnership form indicates it is just waiting for release of IL-1065-V payment voucher before filing. However, the Schedule IL-K-1-P forms have not been generated. Apparently IL has recently (2/10/2022) updated the Schedule K-1-P forms on their website.
IL-1065 does not have to be filed until 15 April 2022, but Federal 1065 form needs to be filed by 15 March 2022. Should I try to just file federal return now while waiting for IL Schedule K-1-P? Even then LLC members may have to file for an extension for their IL state taxes (also due 15 April 2022), or maybe both federal & state if their tax person wants to complete both at the same time.
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‎February 23, 2022
2:41 PM