On July 7, 2020, I received via email a 2019 Schedule K-1 as a limited partner of an LLC from the CFO. It did not have Final K-1 checked. I anticipated another Schedule K-1 for 2020, but did not receive one. When I inquired with the CFO, he stated the LLC was shut down in 2019 and that he thought he had sent me a Schedule K-1 with Final K-1 checked, which I clarified he had not. He also stated that because he no longer worked for the LLC, he would not send an updated 2019 Schedule K-1 with 'Final K-1' checked. He is being obstinate and is conflating his feeling disgruntled about the failed business with legitimizing unethical and illegal behavior. He has also not bothered to properly dissolve the LLC as it still shows as being registered on the Texas SoS website. Also, the 2019 Schedule K-1 he emailed me does not account for all of my capital account. Each of the years of the LLC's operations showed net losses. Hence, the final Schedule K-1 should show a net loss that accounts for my remaining capital account, but is short of that amount.
It's my understanding that I the 2019 Schedule K-1 with the corrected Final K-1 box checked must come from the LLC. How do I file amended 2019 Federal and State tax returns to reflect the dissolution of this LLC? How do I account for the net outstanding loss in my capital account? Thanks!
