On Twitter, Fred Stein, CPA, EA had the following suggestion, which I think is spot-on if you want to put the onus on the entity to provide this information to you directly: "...I'm just sitting back making the tax matters person sign a statement indicating that they spoke to all partners/shareholders and there either isn't or there is a 1116 to deal with."
I think it might be helpful in this case to provide a document or some information to help the entity representative gather this information, especially since some of the partners/shareholders may not know yet for 2021.
In the case where there’s a short year tax return with an extended deadline of March 15, 2022, I’m guessing only option is to attach the k-2 and k-3 pdf to the efiling? We have a final 1120s with a short year end of 6/28/21 that we efiled last week. Still have time to file a superseded I guess with the attachments.
On Twitter, Fred Stein, CPA, EA had the following suggestion, which I think is spot-on if you want to put the onus on the entity to provide this information to you directly: "...I'm just sitting back making the tax matters person sign a statement indicating that they spoke to all partners/shareholders and there either isn't or there is a 1116 to deal with."
I think it might be helpful in this case to provide a document or some information to help the entity representative gather this information, especially since some of the partners/shareholders may not know yet for 2021.
In the case where there’s a short year tax return with an extended deadline of March 15, 2022, I’m guessing only option is to attach the k-2 and k-3 pdf to the efiling? We have a final 1120s with a short year end of 6/28/21 that we efiled last week. Still have time to file a superseded I guess with the attachments.