Question: Schedule K - 2 ( Form 1 0 6 5 ) or Schedule K - 2 ( Form 1 1 2 0 - S )

Schedule K-2(Form 1065) or Schedule K-2(Form 1120-S) is used to:
Report shares of health insurance premiums paid on behalf of partners or shareholders.
Report items of international tax significance to partners or shareholders.
Report items of international tax significance to the IRS.
Report state taxes paid at the entity level by a partnership or S corporation to the IRS.

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