Get Instructions 8082 (rev. Feburary 1998 )

Form 8082 is needed when a pass-through entity, such as a partnership or S corporation, files an administrative adjustment request (AAR) with the IRS, and there is a discrepancy or inconsistency between the information reported on the AAR and what was reported on a previously filed tax return.

Partners, S corporation shareholders, beneficiaries of an estate or trust, owners of a foreign trust, or residual interest holders in a real estate mortgage investment conduit (REMIC) file this form if they wish to report items differently than the way they were reported to them on Schedule K-1, Schedule Q, or a ...

If you file before getting the new K-1, you must either: File using the information on the original K-1. Then, amend your return after you receive the corrected K-1. File using the information you believe to be correct. If the information differs from what's on the K-1, you must also file Form 8082.

If you do not take prompt action with regard to an erroneous K-1, you may not have an opportunity to challenge any adjustment made of your return in the future. A duty of consistency may apply. A proper filing of IRS Form 8082 may need to be made, to note an inconsistent position being maintained. K-1 and Form 8082 Consultation - Tufts Law Firm Tufts Law Firm https://tuftslawfirm.com › Partners In Peril Tufts Law Firm https://tuftslawfirm.com › Partners In Peril

Notice of inconsistent treatment. Use Form 8082 to notify the IRS of any inconsistency between your tax treatment of an item and the way the pass-through entity treated and reported the same item on its return.

If the income, deductions, credits, or other information provided to any partner on Schedule K-1 is incorrect, file an amended Schedule K-1 (Form 1065-B) for that partner(s) with Form 8082. Also give the partner(s) a copy. Instructions for Form 8082 (Rev. January 2023) - IRS irs.gov https://.irs.gov › pub › irs-pdf irs.gov https://.irs.gov › pub › irs-pdf

Other evidence of ownership includes the IRS Form K-1, which S-corporations file each year. K-1s are part of the corporation's tax return, which a corporate officer signs under penalties of perjury. Also emails, minutes, resolutions, or other business records may be proof of ownership. Proving Ownership in a Business Without Stock Certificates shareholderoppression.com https://shareholderoppression.com › proof-of-business-o... shareholderoppression.com https://shareholderoppression.com › proof-of-business-o...