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A company sends K-1 forms to its partners or shareholders typically after the end of the tax year, usually by March 15 of the following year. These forms report each partner's share of income, deductions, and credits from the partnership or S corporation. Timely delivery is crucial for recipients to accurately file their personal tax returns. If there are delays, companies may file for extensions, but recipients still need to report their income based on the information available.

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1mo ago

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