Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Am I able to file an amended return to correct a file 1065 filing?

jake1
Level 3

Am I able to file an amended return to correct a file 1065 filing? Client told me it was the last year, but then they decided to keep it open without telling me. Can I just file an amended return and uncheck the "final return" box?

0 Cheers
2 Comments 2
sjrcpa
Level 15

You can only file an amended return if the partnership was not subject to the Consolidated Audit Procedures.

Wouldn't you have to do more than check the box? For example, how were the capital accounts and balance sheet zeroed out?

The more I know, the more I don't know.
0 Cheers
jake1
Level 3

It basically had no activity with no balances. Paying to keep it open

0 Cheers