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Get your taxes done using TurboTax
If you are invested in one Partnership then all of the annual information should be reported on the one K-1 form you get issued annually. Now if the original partnership was closed and another partnership was began then you would/could get 2 separate K-1 forms if there were income/expenses to report as a pass thru to the partners. It is possible that there was nothing to report on the new properties so you may only see info on property A ... go back to the issuer and ask more questions and/or seek local professional local assistance.
‎October 6, 2023
5:54 AM
1,629 Views