Also, I have a partner that dropped to 1% ownership at the beginning of the tax year 01/01/2016. At the end of the tax year he dropped off of the business 12/31/2016. I know I need to file a final 1065, but how do I go about that? On the business software I only see an option for "Is filing its final return because it was closed by the end of the year" Then has a
"yes" and "no" option..The business is still open and owned 100% by me now. So Should I still be choosing "yes" as the final?
