Multiple Choice
Which of the following statements is correct, assuming that an extension is not requested?
A) Partnerships must file Schedule K- 1 to show how income is allocated to partners no later than the 15th day after the close of the partnership's tax year.
B) A partnership must file Form 1065 no later than the 15th day of the fourth month after the close of the partnership's tax year.
C) A partnership must file Form 1065 no later than the 15th day of the third month after the close of the partnership's tax year.
D) A partnership must file Form 1120 no later than the 15th day of the fourth month after the close of the partnership's tax year.
Correct Answer:
Verified
Correct Answer:
Verified
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