When did the person die?

You probably have a short year 1065 and a short year Schedule C.

in 24. 

If you only did a 1065 for 2024 that was incorrect.

Unless the dead partner had a beneficiary take over his ownership interest.  But while we are on the subject, whatever did happen to the dearly departed's share of the business?

"  ...   Entity continues with the one partner."

By definition, a partnership must have 'more than one'.

As the others have stated it sounds as if 2024 should have had a short year F 1065, with the remainder of the activity on a Sch C.  And yes, the F 1065 should have been marked final.

But Jeff just raised some good questions about what happened to the dead partner's 'share'?  

she paid heirs an amount for the deceased interest.  

Can I just let it go that it was not marked final? and ask forgiveness if caught? 

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@MaryMatt wrote:

she paid heirs an amount for the deceased interest.  

Can I just let it go that it was not marked final? and ask forgiveness if caught? 

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That is the date the Partnership ended.

I'm crazy tired so maybe this doesn't make sense or I'm mixing something up, but did the 2024 Form 1040 report the gain/loss of the end of the Partnership?  Doesn't the "final" 1065 usually trigger reporting of gain/loss of the Partnership interest, based on the Basis?  Marking the 1065 as "final" isn't a big deal, but reporting the gain/loss of the Partnership Interest is important.

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@sjrcpa wrote:

No gain/loss when a Partnership becomes a single owner entity.

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Thanks.  I couldn't quite remember how Partnerships work (in contrast with S-corporations) in that regard.

I only did one partner's return.  Correct, entity continues.  I did allocate income/loss on the partnership return.