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K-1 says Final. Company Merge with another. How do I answer the questions about the disposition of the Partnership.

dww2645
Level 1
 
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TaxMonkey
Level 8

Generally, a merger is not a fully taxable transaction and would not free losses.

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4 Comments 4
TaxMonkey
Level 8

Generally, a merger is not a fully taxable transaction and would not free losses.

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linduca1216
Level 7
Understood re: not taxable, but how do you enter info on worksheet for Final K-1 between Part II and part III?
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TaxMonkey
Level 8
Did you really indicate that my answer was unhelpful?  Do you think that I will ever help you again after that?
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linduca1216
Level 7
What?   re: unhelpful?   Don't know that I did that....  Am I the one you are referring to?
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