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Winding up Partnership
I dissolved an LLCP in 2024 and now need to file the final return. I selected Final on the Form 1065 and on each of the Forms K-1. I thought I also needed to show ending profit/loss/capital balances at the end of the year at 0% to reflect that the partnership no longer existed; however, TT is giving me an error stating that the end of year profit % does not equal 100%.
What am I missing to be able to report the wind down accurately and error-free.
Thanks in advance
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‎April 8, 2025
2:10 PM