The U.S. IRS has announced the release of a redesigned partnership form to provide greater clarity for partners on how to compute their U.S. income tax liability with respect to items of international tax relevance, including claiming deductions and credits. --- Treasury and IRS release draft partnership form to provide greater clarity on international tax reporting IR-2020-155, July 14, 2020 WASHINGTON — The Treasury Department and the IRS today released a proposed redesigned partnership form for tax year 2021 (filing season 2022). The proposed form is designed to provide greater clarity for partners on how to compute their U.S. income...