Andrew90230
Level 1

Where is the worksheet on the allocation to other partners and date of disposition of another partner's share of profits and debts upon sale of interest?

Also, if another partner purchased the departing partner's share for $350k but the departing partner's basis is less than that, how do I account for that on the 1065?

This is uncommon in our practice so please forgive the basic questions.

0 Cheers