RobertB4444
Expert Alumni

Get your taxes done using TurboTax

1 - The weighted average should be correct as long as you entered the correct date of the transfer of interest. 

 

2 - If the partner's interest is reduced to zero then the K1 is final.  The final payment for the sale can still be paid after the partner is removed from the partnership.

 

@gocontracting 

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