On all of the K-1s I am sending to partners of my company, it shows that the "Final K1" box checked. However, in the software I made sure that we never said the business closed. So why are all the boxes checked for "Final K1"?
Are you using TurboTax Business to prepare a 1065?
If so, did you indicate the partnership was filing its final return or that the partners left the company?
Check both in the Business Info tab.
Using TT for Business, and did NOT indicate it was final. Not sure why it's checked.
Check the entries on your Information Worksheet, 1065, K-1 Worksheet, et al, in Forms Mode.
that's what I had to do to uncheck those boxes. thank you.
How do I do this if I am amending the return? When I'm in there, and I choose the forms, it won't let me uncheck final.