TaxCPANY Posted April 7, 2021 Report Posted April 7, 2021 Has anyone successfully e-filed a 1040 with PDF'd Form 8865 K-1's attached? This has got to be the worst year possible to tell a client to paper file a return! Quote
TaxCPANY Posted April 13, 2021 Author Report Posted April 13, 2021 Well, it worked inasmuch as MeF accepted it tonight. Besides attaching two 8865 K-1's, I input their ordinary income on Line 8 of Schedule 1 with the legend "Form 8865 Schedules K-1" and the partnership names, input the same amounts (fortunately) on the supporting schedule to Line 2 of Schedule SE and the detail schedule feeding Line 1a, Part I of Form 1116. Foreign tax withholdings ended up on Line B of Part II while Line A was empty but it doesn't look too bad, and it's just there to be carried over as the client had insufficient taxable income -- only self-employment tax. No ordinary tax also meant I didn't have to wrestle with Form 8995 which initially looked to be the most difficult to work around. After Tax Season I'll email a request to MeF to make 8865's acceptable. This wasn't fun. Reminds me that Schedules C free of self-employment tax (due to totalization) also necessitate paper filing. That seems a much simpler form to allow the e-filing of and yet . . . Quote
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