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Schedule 2Authorised Witnesses for Statutory Declarations Form

Schedule 2Authorised Witnesses for Statutory Declarations Form

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okay so welcome back to part two of this playlist so for this video we're going to be focusing on this section here so we're going to be revisiting the fact pattern and then we're going to go over uh form 1065 pages one through five all the other kind of schedules and forums that we would normally see pre schedules K2 and K3 being added so what we're going to cover let's look at the financial statements and then we also have the partnership return itself so I'm going to talk about the financial statements a bit more uh before we get into the return itself so just to recap of what the structure looks like so the way this is set up we have two owners John and Jane Jane is a Bermuda resident lives there John is a U.S citizen but he lives in the Cayman Islands and they decide to go into business together and so what they do is they set up an LLC in Delaware where they each own 50 that makes it a partnership and then this LLC legally holds tit

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