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Business & farm
Yes, Business returns are due bye 3/15/24 and K-1's distributed to the owners so that they can include on their individual returns by the April 15, 2024 due date. If you do not live in a community property state than you must file a 1065 partnership return.
Taxpayers in community property states can file as a partnership or as a disregarded entity and the income/loss flow through a Schedule E.
See this IRS link for reference.
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‎February 27, 2024
5:14 PM