k1 issued without a 1065 prepared

[OzNY]

I need assistance....please

Can a k-1 be issued for a partnership without the Form 1065 be prepared.  Both partners are general partners and pay se tax on their personal return.

Thank you

[sjrcpa]

No. 

Although I understand some software lets you.

K-1s are part of the 1065.

[IRonMaN]

I guess only preparing a K-1 would cut down on tax prep time 🤷‍♂️

[OzNY]

thank you for the responses...i am just baffled why k1s were issued for tax year 2019 and I am still trying to find out if the partnership return was prepared the first year that the company became a partnership in 2019. 1 The partners don't have one.  The 2 partners were made general partners, so SE tax was paid on their personal return.  I thought I was missing something, since K1s are on the partners personal returns and no partnership return in sight. 

[sjrcpa]

I'm curious why it matters at this point. Did they get a notice?

[George4Tacks]

Does the K-1 have a partnership name? Address? EIN? If so, I would expect a 1065 was filed. If Not, i.e. the key elements are blank, it was done just to show the equitable distribution of what they considered a joint venture not subject to filing of 1065. (not saying that is right!)

For the year you are doing, are there any 1099s? If so are they SSN or EIN?