Support CenterPrinting K1s for a client being audited
📚 What This Guide Covers
This guide explains what to do if the IRS audits your client and you need to print and submit Schedule K-1 statements.
⚠️ Before You Begin
You will need the tax years involved in the audit so you can print the correct K-1 statements.
📊 Step-by-Step Guide
Step 1: Understand the limitation
In previous years, SureFire did not support adding Schedule K-1 statements to the e-file structure. It also lumped any K-1s beyond three together as a single total without details.
Step 2: Follow what the IRS expects during an audit
Since then, the IRS has begun matching K-1s to the corporations and partnerships that produce them.
Step 3: Print and submit the K-1 statements for the audit years
Our developers are working to change this functionality in future versions of SureFire. In the meantime, if the IRS audits your client, you need to print out and send in to the IRS the K-1 statements for the years in question.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: federal,form