Discussion:TEFRA Partnership Proceeding reference on 2848

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Discussion Forum Index --> Basic Tax Questions --> TEFRA Partnership Proceeding reference on 2848


Discussion Forum Index --> Tax Questions --> TEFRA Partnership Proceeding reference on 2848

Jossiecpa (talk|edits) said:

22 March 2013
Our firm just finished an IRS audit of a client's partnership return relating to the matching of 1099-Ks they received to the income reported on their 1065. Now that the audit is over, the IRS revenue agent wants us to provide a form 2848 with the following items included:

Tax Matters: TEFRA PARTNERSHIP PROCEEDING Tax Form #: 1065 AND CONSEQUENTIAL ADJUSTMENTS

Can someone please give me some indication as to the significance of this addition to the original Form 2848. Thank you.

Ckenefick (talk|edits) said:

22 March 2013
See Reg. Sec. 301.6223(c)-1(e)

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