Business & farm

@Rick19744  Thank you so much Rick! Sorry, I didn't see your reply earlier - I only saw the other person's reply. 

I will be sure to mark this year's return and K-1's as final. We are not required to file Schedule L, M-1 or M2 on form 1065, so I wonder if we would still need to reflect any liquidating distributions, since we were never required to report capital accounts?

 

Thanks again Rick!