2001 schedule K-1 instruction corrections.
| Position | News & Trends - Interest reporting for partners - Brief Article |
If you downloaded Partner's Instructions for Schedule K-1 (Form 1065) before Jan. 2, 2002, you should download them again.
Incorrect line references have been found under Item 22 of the Supplemental Information Section on Page 11.
The directions for reporting interest due under Sec. 1260(b) should state: "Report the interest...
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