turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

James00h7
New Member

Missed "Final" box for a Partner in Schedule K1 California LLC

My LLC partner left the business at the end of 2021 and I missed marking his Schedule K1 as 'Final'.  I just realized that this year when attempting to do my 2022 taxes.  How do I fix this?  Do I have to amend my 2021 business taxes and resend to IRS/him or just remove him from my 2022 business taxes?

Thank you in advance.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
AliciaP1
Expert Alumni

Missed "Final" box for a Partner in Schedule K1 California LLC

If you correctly reported the beginning and end-of-year partner information correctly, you do not need to amend the 2021 returns.  You can delete the partner from the 2022 returns. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
James00h7
New Member

Missed "Final" box for a Partner in Schedule K1 California LLC

Thank you, Alicia. 🙂

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question