Form 1065 Initial Year

[Jimmy Awad]

Why Proconnect does not generate the short year beginning and ending dates on the top of the Form 1065 for initial return of partrship which started during the year?

[George4Tacks]

It is still a calendar year filing. 

[Jimmy Awad]

Yes, but it should be short year.

IRS: Short Tax Year

A short tax year is a tax year of less than 12 months. A short period tax return may be required when you (as a taxable entity):

• Are not in existence for an entire tax year, or
• Change your accounting period.