Trying to prepare final form 1065. There is unamortized goodwill and closing costs on the books. Should I just amortize the entire leftover portion in the final return? Pro-series is calculating only current year portion only. Please advise.
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The goodwill was "sold" on the last day of the entity.
Thanks for the response. that means, goodwill loss will go to form 4797 as trade or business loss. Only startup cost needs to be force amortize. Am I right?
Thank you!!
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