Schedule K-2 and K-3 explained

Learn what Schedule K-2 and K-3 forms report and how SafeSend recognizes, collates, and displays them with Schedule K-1 packages.
The IRS introduced new Schedule K-2 and Schedule K-3 forms for the 2021 tax year. Use them to report international income, deductions, credits, and other miscellaneous items for pass-through entities.
General information
Answer
Does Returns support Schedule K-2 and Schedule K-3 forms?
When uploading a return that includes a Schedule K-1 package, SafeSend recognizes the Schedule K-2 and/or K-3 as part of the package and collates them accordingly.
Where will these forms appear in the Returns application?
Returns will place them in the
K-1
tab.
Do I have to perform special actions or adjust print settings for any Schedule K-2 and K-3 forms?
SafeSend will handle the Schedule K-2 and/or K-3 forms properly, as long as they are printed behind the Schedule K-1 for each shareholder/partner.