jeffmcpa2010
Level 11
01-29-2024
11:43 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
When did they surrender their shares?
It they didn't surrender them until January 2023, would they have been a shareholder for part of the year ?
If they surrendered in 2022, the 2022 K-1 should have been marked final at that time.
It may be that you have to do a very small proration (to make their K-1's show 0) if they only owned the shares for a few minutes or a day on January 1, 2023.