In Form 1065, Schedule B, Question 11, it asked:
"Was there a distribution of property or a transfer of a partnership interest during the tax year?"
If the partnership has distributed profit to the partners during the year, does that make the answer to the above question 'yes'?
"Was there a distribution of property or a transfer of a partnership interest during the tax year?"
If the partnership has distributed profit to the partners during the year, does that make the answer to the above question 'yes'?
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