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Withdrew from a partnership, but my ex business partner said no K-1 was generated for me?
I withdrew from a partnership in 2020 and transferred ownership to the other partner. That partner filed the return with Turbotax desktop and said no K-1 was generated for me, but I'm pretty sure I am supposed to receive a K-1 marked "final" (regardless of how much income was made), and was confirmed by a CPA.
Am I to assume my ex partner completed the return incorrectly? And that we will need to file an amendment?
This partnership return was already accepted, as today (3/15/21) is the deadline.
Thanks for help and insight!
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March 15, 2021
3:26 PM