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"Do I need to file the beneficiaries K-1's?"
No. However, it is considered good practice to send K-1s the beneficiaries even if there are no figures on the forms since it makes them aware there is nothing they need to report (or at least alert them of that fact).
"Do I need to file the beneficiaries K-1's?"
No. However, it is considered good practice to send K-1s the beneficiaries even if there are no figures on the forms since it makes them aware there is nothing they need to report (or at least alert them of that fact).
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