Question
Which of the following statements is correct, assuming that an extension is not requested? A. Partnerships must file Schedule K1 to show how income is
Which of the following statements is correct, assuming that an extension is not requested?
A.
Partnerships must file Schedule K1 to show how income is allocated to partners no later than the 15th day after the close of the partnership's tax year.
B.
A partnership must file Form 1065 no later than the 15th day of the third month after the close of the partnership's tax year.
C.
A partnership must file Form 1065 no later than the 15th day of the fourth month after the close of the partnership's tax year.
D.
A partnership must file Form 1120 no later than the 15th day of the fourth month after the close of the partnership's tax year.
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