AlPesach
New Member

Partnership Return Form 1065

I am using Turbotax Business ( Partnerships, Corporations, LLCs, Trusts & Estates) and working on completing Form 1065 ( U.S. Return of Partnership Income) which has 5 partners and filing the return for the year ending 12/31/2024.  In 2024 two of the five partners had short years and final tax returns were filed and Schedule K-1  (Form 1065) were filed for the partners during 2024.  Since I need to file Form 1065 for the 12 months ending 12/31/2024 and the remaining three tax returns and three Schedule K-1 (Form 1065) will this cause problems?  I am concerned to submit again the two K-1(Form 1065) that were already submitted to the IRS since I do not want to duplicate the income on the two Schedule K-1 (Form 1065) previously reported to the IRS.  Since I undertand that the the Form 1065 must be filed electronically, is there any way in the electronic filing I could explain to the IRS that I already submiitted two K-1(Form 1065) during 2024.  If I only submit 3 of the Schedule K-1 ( Form 1065) they will not equal the the total of the incomes reported on Schedule K of Form 1065.  What is the best way to handle this?