Award-winning global customer service.
★★★★★ 5/5
Dimov Tax is rated 5 stars on all major review platforms including Google, Yelp, Facebook, Angie’s List, Better Business Bureau, TaxBuzz, Thumbtack, Upwork, Bark, and much more.
Are you searching for assistance with Schedule K-2 and K-3 filings? If so, you are in luck. Our team of experienced professionals specializes in these tax forms. Whether you are a partner in a partnership or a shareholder in an S corporation, we have the knowledge and expertise to ensure accurate and compliant reporting of your Schedule K-2 and K-3.
Schedule K-2 is used by partnerships to report at the partner level each partner’s distributive share of the partnership’s international income, deductions, credits, and other items. Similarly, Schedule K-3 reports the respective share of these items at the shareholder level. Both Schedule K-2 and K-3 categorize income, loss, deduction, and credit into US source vs. foreign source. These forms are crucial for accurately calculating foreign tax credits from foreign taxes paid on your pro-rata share of foreign income for your personal tax returns.
When dealing with Schedule K-2 and Schedule K-3, here are a few things to watch out for:
Remember, while this information provides a general overview, it is always recommended to consult a tax professional. Our team is dedicated to providing the expertise and supports you need to navigate Schedule K-2 and K-3 with confidence. Contact us below to ensure maximum tax benefit, compliance and to avoid potential errors or penalties in your tax filings.
Call us today at (866) 681-2140, email us at info@dimovtax.com, or fill out the form and we’ll get in touch immediately.
Dimov Tax is rated 5 stars on all major review platforms including Google, Yelp, Facebook, Angie’s List, Better Business Bureau, TaxBuzz, Thumbtack, Upwork, Bark, and much more.
Call us today at (866) 554-0148, email us at info@dimovtax.com, or fill out the form and we’ll get in touch immediately.
Office Hours
Monday : 7am–8pm
Tuesday : 7am–8pm
Wednesday : 7am–8pm
Thursday : 7am–8pm
Friday : 7am–8pm
Saturday : 7am–8pm
Sunday : 7am–8pm
"*" indicates required fields