K-1 Instructions

Jay Sternin on

Is the 14 page form at
http://www.irs.gov/pub/irs-pdf/i1065sk1.pdf
the one I'm to give each club member along with their K-1? ?

If so, is it OK to email them a PDF copy rather than print a
copy for each partner.

......thx.......Jay

iras1 on

Technically, you should be providing the 14 page document. Most investment clubs just provide page 2 of the Schedule K-1 (the page with the codes). You could just provide them the link to the IRS pdf file. There is rarely (and I mean extremely rarely) anything on an investment club K-1 that would drive someone to the full document for an explanation.

Ira Smilovitz

Join me at InvestEd 2010

Investor Education at Its Best^TM
Baltimore, MD August 6 - 8, 2010
http://www.investor-education2010.org/

In a message dated 02/22/10 17:03:29 Eastern Standard Time, jsternin@bivio.com writes:

Is the 14 page form at
http://www.irs.gov/pub/irs-pdf/i1065sk1.pdf
the one I'm to give each club member along with their K-1? ?

If so, is it OK to email them a PDF copy rather than print a
copy for each partner.

Laurie Frederiksen on

Jay,

If you allow your members to access their K-1’s online, the instruction link is also provided for them.

Laurie Frederiksen

www.bivio.com

Mail