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Worry about revising K-I Tax ID?

 

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Subject Author Date
Worry about revising K-I Tax ID? dpb 03-15-2008
Posted by dpb on March 15, 2008, 10:46 pm
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Just received K-1 and noticed the Tax ID is still showing deceased
parent's SSN even though notified the issuer of the change in
registration to the Trust. It's a relatively trivial amount (under $100
of limited partnership loss) -- is it worth requesting a revised W-2 or
just follow up the change for next year?

It's incredibly difficult to get this stuff fixed it seems--it's now 3rd
year and still fighting the battles altho I think this is the last one,
finally.... :(

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Posted by Benjamin Yazersky CPA on March 16, 2008, 7:39 am
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> Just received K-1 and noticed the Tax ID is still showing deceased
> parent's SSN even though notified the issuer of the change in registration
> to the Trust. It's a relatively trivial amount (under $100 of limited
> partnership loss) -- is it worth requesting a revised W-2 or just follow
> up the change for next year?
>
> It's incredibly difficult to get this stuff fixed it seems--it's now 3rd
> year and still fighting the battles altho I think this is the last one,
> finally.... :(
>
> --
>
> --


Should have the k1 issued with the correct ein.
The IRS may again try their k1 matching program.


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--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>


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