Partnerships can furnish K-1s to their partners electronically, according to the IRS.
But there are some prerequisites that need to be met. The partners must approve the e-delivery first and the partnership are required to inform its owners that a paper form will be sent to those who decide not to receive an electronic version (Rev. Proc. 2012-17).
Calendar-year companies have until April 17 to provide K-1 forms for 2011.