K-1 and partnership

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  • JenMO
    Senior Member
    • Apr 2007
    • 974
    #1

    K-1 and partnership

    It is a multi member partnership and a couple of partners are leaving. is there K-1 marked Final K-1? Partnership is not ending, just these partners leaving.
    Tags: None
    • Anarchrist
      Senior Member
      • Oct 2006
      • 353
      #2
      yes .
      "Taxation is the price we pay for failing to build a civilized society." ~ Mark Skousen

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        • JenMO
          Senior Member
          • Apr 2007
          • 974
          #3
          that is what i thought, thank you

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            • Toobusy
              Member
              • Mar 2015
              • 48
              #4
              Yes, just click the "Final K-1" Box listed on the K-1, for that particular member.

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