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April 15, 2025
Question

how do i remove the type of eligible partner code on schedule B-2

  • April 15, 2025
  • 1 reply
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    1 reply

    PatriciaV
    April 16, 2025

    Do you need to change the election to opt out of the centralized partnership regime? If so, follow these instructions: 

    1. Open your return and go to Business Info >> Partner/Member Information.
    2. Continue through the interview to the page "Centralized Partnership Audit Regime" (CPAR).
    3. Click the box for "Yes" if you wish to elect out of the CPAR or "No" if you don't with to make this election.

    When you click the "Yes" box, Schedule B-2 will appear. You can change the Type of Partner to "blank" to remove a partner from the List of Eligible Partners.

     

    If you click "No," Schedule B-2 will be removed from the partnership return.

     

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