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
Department and Agencies
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