Business & farm

It is a "C" Corporation.

There are no assets to liquidate as the owner, my spouse, died before purchasing any.

There were only invoices which are an asset but I can't liquidate cash.

 

K-1 came from the Turbo Tax Software which asked if K-1 had been issued.

 

The response provided two weeks ago included:

"

  • The final return.  This return is due by the 15th day of the fourth month after the liquidating distribution has occurred."

not three months. 

 

Thanks for any input you can provide.