My husband retired in July 2016, his shares were sold back to the company per policy. Do we need to file a K1 for the first 6 months?

jimbjornson · ‎June 5, 2019

We have not received a K1 to date. We have had to file extensions before due to the company lack of promptness. Will I need to file an extension again for 2016?

Thanks

DDollar · ‎June 5, 2019

Yes, you may need to file an extension. You should be receiving a K-1 from your husband's company even if he retired and sold the shares back in 2016.

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My husband retired in July 2016, his shares were sold back to the company per policy. Do we need to file a K1 for the first 6 months?

Retirement tax questions