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Business & farm
The partnership’s tax year ends on the date of termination which is the date the partnership winds up its affairs.
See https://www.irs.gov/instructions/i1065#idm140672607553008
For future reference:
Generally, a domestic partnership must file Form 1065 by the 15th day of the 3rd month following the date its tax year ended....
See https://www.irs.gov/instructions/i1065#idm140672607526672
The 2019 Form 1065 may also be used if:
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The partnership has a tax year of less than 12 months that begins and ends in 2020, and
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The 2020 Form 1065 isn't available by the time the partnership is required to file its return.
See https://www.irs.gov/instructions/i1065#idm140672607514640
September 10, 2020
10:40 AM
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