Business & farm

the simple answer is that the distribution is shown as such on the 1065 and line 19A of the k-1 (assuming the forms do not change in 2024). note that the actual due date of the 1065 is the 15 day of the 3rd month following the month when the assets are distributed. 

 

so technically if you terminate in November the return is due 2/15/2025