Note that the automatic extension period for partnerships is 6 months upto 915

Note that the automatic extension period for

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Note that the automatic extension period for partnerships is 6 months (upto 9/15 for calendar year partnerships) {Thus, extended deadline for both S-Corps & partnerships is 9/15; this ensures that shareholders/ partners get their K-1s before the 10/15 extended deadline for individual returns} REG-4.3 (II B) Filing Requirements for Form 1041 (Estates & Trusts) Due date of Form 1041: 4/15 (for all trusts and calendar-year estates) Note that the automatic extension period for trusts & estates is 5.5 months upto 9/30 (vs. 6 months for S-Corp/Partnership, and 5 months for calendar year C-Corp) {Thus, extended deadline for S-Corps and partnerships is 9/15 while that for trusts & estates is 9/30; this ensures that shareholders/partners/beneficiaries get their K-1s before the 10/15 extended deadline for individual income tax returns}
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REG-1 Note: Most of the changes in REG every year is for the inflation-indexed $ which are not tested on the exams (and there’s no need to memorize). Married filing jointly (MFJ) - Married (as of year-end ) Includes same- sex ‘married’ couples (not applicable for arrangements like registered domestic partnerships or civil unions)
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