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Final K-1

edythesc
Level 1

1) A final K-1  because partnership transferred to a revocable trust

 

2) Another partnership  converted to a corporation

Neither situation has a place to  input on the 1040  as no tax  consequence

How are these Final k-1s handled?????

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1 Comment 1
qbteachmt
Level 15

You already asked, here:

https://proconnect.intuit.com/community/tax-talk/discussion/final-k-1/00/76781

No need to keep asking. Thanks.

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