2025-15750Proposed Rule

Partnerships, Get Ready for IRS Share-Sale Snooping

Published Date: 8/19/2025

Proposed Rule

Summary

If you’re part of a partnership that owns inventory or has unpaid bills, new rules are coming about how you report sales or trades of your partnership shares. These changes make sure everyone shares the right info with the IRS, helping keep things clear and fair. Partnerships should get ready to follow these updated reporting steps soon to avoid any money headaches.

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Partnerships must change IRS reporting

If your business is a partnership that owns inventory or has unpaid bills (called unrealized receivables), the partnership will have new information-reporting rules to follow when certain partnership interests are sold or exchanged. These proposed regulations modify what partnerships must report to the IRS about those sales or exchanges.

Partners face new reporting on sales/exchanges

If you are a partner in a partnership that owns inventory or has unrealized receivables, the rules about reporting sales or exchanges of your partnership interest will change. The proposed regulations affect how those sales or trades are reported to the IRS.

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Key Dates

Published Date
8/19/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Internal Revenue Service
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