Yes. After answering "Yes" to the change in ownership question. The new partner has zero ownership at the beginning of the year so the 1st year box is checked. The new partner also has zero end of year ownership (so last year box is checked) until you get to the interview area to add/change the ownership percentages as of the date the new partner is added. Once you give the new partner a percentage of ownership the last year checkbox goes away.
The forms mode procedure outlined by @PatriciaV accomplishes the same task. This is a weighted allocation experience and seems to be working as advertised.
@frank421
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