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Get your taxes done using TurboTax
As stated previously, there are just too many questions to be able to properly address the situation:
- Since there is no communication between the two parties, we have no idea if another individual was brought in.
- Even if no one else was brought in, if the preparer is handling this as a "retiring partner", the partnership continues until the final liquidating distribution is made. Hence the previous comment on whether the OP received all the proceeds in 2022. There could be a 2022 K-1 indicating "final".
- Once again, get some professional help so that you can get the answers to open questions, and file accurate returns on your part.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎July 28, 2023
11:36 AM