entitled tax
Level 1

Sorry, I wasn't clear. I have a partnership (42 partners in total) that was established in 2012. The managing partner did not keep a running balance of partnership interest or bookkeeping. All I have is the ending capital balances from the prior year's K1. I tried to add up all the ending cap balances, then break them down by percentages on the special allocation... Nothing will add up to 100%. I do have the cap table but these are the initial interests of the partners. Please advise. Thank you for your help.

0 Cheers