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Final Schedule K-1's on Final Form 1065
In TurboTax Business 2019, is selecting the "Final 1065" option enough to mark the "Final K-1" boxes of all respective K-1's?
In my early experience with TurboTax Business 2019, in looked like the "Final K-1" box was only marked *if* you select that the "partner left the company this year," and then you have no option to enter partnership percentages. So, you have to set up all partners like they are continuing, add their GP check mark, domestic partner check mark, percentages, THEN go back in to edit the partner and mark that they left the company.
How should I be indicating final Schedule K-1's on a Final 1065?
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‎December 24, 2019
4:27 PM