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suebrad27
New Member

I need to fill out my Schedule K-1 forms for 2017. Even though we made a minimal amount ($16) and ended my partnership, do I still fill out the forms?

 
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Anita01
New Member

I need to fill out my Schedule K-1 forms for 2017. Even though we made a minimal amount ($16) and ended my partnership, do I still fill out the forms?

Yes, you do, and you also need to say that this was a Final k-1 ans enter the information about how your participation in the partnership ended so this k-1 does not carry over into future years and cause problems.

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1 Reply
Anita01
New Member

I need to fill out my Schedule K-1 forms for 2017. Even though we made a minimal amount ($16) and ended my partnership, do I still fill out the forms?

Yes, you do, and you also need to say that this was a Final k-1 ans enter the information about how your participation in the partnership ended so this k-1 does not carry over into future years and cause problems.

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