Got it, sorry for the confusion. In 2016, we were registered in VA and had some online apparel sales there, but not enough to be profitable and split the losses 50/50 since we split the capital. So we issued Schedule Ks to reflect those split losses and filed our returns. In 2017 we moved and registered the business in FL, at which time we "start from scratch" with our capital contributions as a baseline. At that time I contributed my $3500, and shortly after he changed jobs and could not match my contribution. So at that point I owned 100% of the capital. So in 2017, we launched our website publicly but never launched actual apparel sales, so generated no profit, only losses due to business expenses. Those expenses were paid out of my $3500 in capital. Hopefully that clears some things up. So (1) what if any forms should I complete to denote this capital ownership change, and (2) how should I fill out Schedule Ks this year? The business has since been dissolved, so this is the final Schedule K.
