Question: Using the 2 0 2 2 instructions for Schedules K - 2 / K - 3 , which of the following statements is TRUE? Every

Using the 2022 instructions for Schedules K-2/K-3, which of the following statements is TRUE?
Every partnership and S corporation must issue Schedules K-2/K-3 to all members.
Whenever Schedules K-2/K-3 are required, all portions of both schedules must be completed.
When an entity has met the first three criteria and one member requests a Schedule K-3 by the one-month date, the entity must provide Schedule K-3 to all members.
When an entity has met the first three criteria and one member requests a Schedule K-3 by the one-month date, the entity only provides Schedule K-3 to the requestor
Not include expenses on the Schedule C by making an adjustment to the income reported on the Schedule C.

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