The U.S. IRS has announced the release of draft schedules for tax year 2021 (filing season 2022) to enhance reporting of international tax matters by pass-through entities. --- Draft Schedules K-2 and K-3 released to enhance reporting of international tax matters by pass-through entities IR-2021-98, April 30, 2021 WASHINGTON — The Treasury and the IRS released today updated early drafts of new Schedules K-2 and K-3 for Forms 1065, 1120-S, and 8865 for tax year 2021 (filing season 2022). The schedules are designed to provide greater clarity for partners and shareholders on how to compute their U.S. income tax liability...