Business & farm


@javaengineer wrote:

It clearly seems to be confused because form 1041 is used for both partnerships and Estates, the former has shareholders, the latter has beneficiaries.


I will report this (again) but, as an aside, Form 1041 is used by trusts and estates, not partnerships (which generally report on Form 1065).

 

However, there appears to be an issue with some transferred 1065 returns dropping partners from 2018 to 2019 so it begs the question as to whether the programming glitch (or other error) is related to transferred 1041s as well.