Which of the following statements is correct,assuming that an extension is not requested?
A)A partnership must file Form 1065 no later than the 15th day of the third month after the close of the partnership's tax year.
B)A partnership must file Form 1120 no later than the 15th day of the fourth month after the close of the partnership's tax year.
C)A partnership must file Form 1065 no later than the 15th day of the fourth month after the close of the partnership's tax year.
D)Partnerships must file Schedule K-1 to show how income is allocated to partners no later than the 15th day after the close of the partnership's tax year.

Question

Quizplus · Accepted Answer

A partnership must file Form 1065 by the 15th day of the third month after the close of its tax year, which is typically March 15 for calendar-year partnerships.

Which of the Following Statements Is Correct,assuming That an Extension