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Level 1
April 9, 2020

Final K-1

  • April 9, 2020
  • 1 reply
  • 9 views

1) A final K-1  because partnership transferred to a revocable trust

 

2) Another partnership  converted to a corporation

Neither situation has a place to  input on the 1040  as no tax  consequence

How are these Final k-1s handled?????

    This topic has been closed for replies.

    1 reply

    qbteachmt
    Level 15
    April 9, 2020

    You already asked, here:

    https://proconnect.intuit.com/community/tax-talk/discussion/final-k-1/00/76781

    No need to keep asking. Thanks.

    Don't yell at us; we're volunteers