Jane918
Level 3
11-25-2024
03:27 PM
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Ok, so that leads me to another question. Through my research, I read that the new owners would take over the profits/losses for the entire year, which doesn't seem fair, but that's the way it reads. (From what I read, but I may need to do more research on this) So, if this isn't the case, where do I put the dates for the partial year so that all of the K-1's come over correctly?