IRS Instructions for Form 8978, Partner's Additional Reporting Year Tax
IRS Instructions for Form 8978, Partner's Additional Reporting Year Tax

Read Now IRS Instructions for Form 8978, Partner's Additional Reporting Year Tax RTF

Partners (other than pass-through partners such as partnerships or S corporations) use Form 8978 and Schedule A (Form 8978) to report adjustments shown on Forms 8986 received from partnerships that have elected to push out adjustments to partnership-related items to their partners. The Schedule A (Form 8978) lists all the adjustments a partner receives on Form 8986. Schedule A is also used to report any related amounts and adjustments not reported on Form 8986 which may result from changes to partner-level tax attributes as a result of adjustments from Form 8986.

  • Released: November 16, 2020
  • Author: Internal Revenue Service (IRS) Department of the Treasury
  • Rating: 5
  • Publisher: Ebook DIgital Agency
  • Total Page: 1001 pages
  • File Size: 3670 KB

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