the way you have to do it is very confusing. I just had this issue the other day. Here is a link concerning it but even the link can be difficult to follow:
Had the exact same issue with an S Corp K-1 last year there were 4 shareholders. By year-end only 2 as the 2 remaining bought-out the other two. I was able to eventually fix and e-file. I don't remember how I did it but now IT"S BACK.
Why is this still an issue!
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