Centralized Partnership Audit Regime (CPAR)

Martin J Eckerle on

Where in the recent 1065 federal tax returns is the person
chosen to be the CPAR representative reported as the
desiginated representative. I see on each K1's header sheet,
a mention that our club has opted out of the CPAR but have
not found anywhere in our return a page that list the CPAR
representive?
Schedule B2 is a list of all the club members, but there is
not line for the desiginated person.

Thanks.

ira smilovitz on

There is no partnership representative when you elect out of CPAR. If you are subject to CPAR, the PR is shown at the bottom of page 3.

Ira Smilovitz

On Thu, May 25, 2023 at 9:59 PM Martin J Eckerle via bivio.com <user*12801300001@bivio.com> wrote:

Where in the recent 1065 federal tax returns is the person
chosen to be the CPAR representative reported as the
desiginated representative. I see on each K1's header sheet,
a mention that our club has opted out of the CPAR but have
not found anywhere in our return a page that list the CPAR
representive?
Schedule B2 is a list of all the club members, but there is
not line for the desiginated person.

Thanks.

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