CCH Axcess Tax

Code If Exempt from Filing Schedules L, M-1, and M-2

This field only applies to Category 1 filers. Enter a code if the foreign partnership is not required to complete Schedules L, M-1, and M-2. Enter code "1" to answer the question "Yes" and to suppress the printing of Schedules L, M-1, and M-2 and the analysis of partner's capital account on applicable Schedules K-1. Enter code "2" to answer the question "Yes," but still print the schedules and analysis of partner's capital account.

Valid codes for these fields:

1 Exempt from filing - suppress print
2 Exempt from filing - force print

See Also

Form 8865 - Return of U.S. Persons with Respect to Certain Foreign Partnerships


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