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Updated over 2 years ago on . Most recent reply

User Stats

63
Posts
40
Votes
Karissa Sampson
  • Colorado
40
Votes |
63
Posts

Urgent help with partnership tax transcript-closing in 3 days.

Karissa Sampson
  • Colorado
Posted

Underwriting is being difficult. I close in 3 days and they want an IRS Transcript for a partnership return. I cannot find this on the IRS website. Since a partnership is a pass thru entity, is the K1 showing profit/loss etc. on my individual transcript the only transcript item I will see for the partnership or will the partnership itself end up with its own IRS transcript? I cannot figure out how to search for transcript by the partnership's EIN or to locate the partnership transcript.  I did find my Tax Return Transcript, Tax Account Transcript, Record of Account Transcript, and Wage and Income Transcript. I am curious how to find a partnership IRS transcript? Does anyone in BP world know how to do this asap? Earnest money in jeopardy (lender blew my loan deadline, reassuring me the whole time I was good to close), closing in 3 days, need to figure this out quickly. Thank you to anyone who might be able to help.

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