Asking for support to submit 1065 form without ITIN.Help!!

Forum|Forum|3 years ago
March 3, 2023
2 replies
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We registered our LLC Partnership last year in USA.

This is the very first time we are submitting a tax file. Our partners are srilankan and they don't have SSNs or ITINs.

Because of that issue we can't fill the schedule - K properly.

What can we do about this?

Best answer by DavidD66

You will have to print and mail your Form 1065 along with Forms W-7, Application for IRS ITIN.

A partnership must provide a U.S. TIN for each foreign partner. The partnership should notify any of its foreign partners without a valid TIN of the necessity of obtaining a U.S. TIN. An individual's TIN is the individual's social security number (SSN) or ITIN.

Certain aliens who cannot obtain SSNs can now apply for ITINs on Form W-7, Application for IRS Individual Taxpayer Identification Number.

DavidD66Answer

You will have to print and mail your Form 1065 along with Forms W-7, Application for IRS ITIN.

Certain aliens who cannot obtain SSNs can now apply for ITINs on Form W-7, Application for IRS Individual Taxpayer Identification Number.

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yuan60101

Hi@DavidD66

Your answer 'A partnership must provide a U.S. TIN for each foreign partner' is not TRUE. For the income only from marketable securities, ITIN is not needed for foreign partner, not needed on W-8Ben as well. See details

https://www.irs.gov/individuals/international-taxpayers/us-taxpayer-identification-number-requirement

My question: does TurboTax Business allow us to file 1065 if a foreign partner doesn' require to have ITIN ??

DaveF1006

No, you won't be able to file if your foreign partners do not have an ITIN. You may file an extension for your partnership return this gives you until September 15 2020 to file the partnership return. You cannot file a US tax return without an SSN or an ITIN.

Your partner can also file an extension for his personal return which gives him until October 15, 2020 to file his return. He needs to pay any tax due by April 15, 2020. The extension is just an extension of time to file the tax return.

Then once you have your ITIN you can file the partnership and personal tax return. You do not need to wait until the extension date ends.

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Mike9241

the partnership return is due 3/15/2023 so you may need to file an extension for the partnership until all partners get an ID number. the extension allows timely filing through 9/15/2023