dabookie
Level 2
02-04-2021
05:02 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Partnership has not done business since 2016. It was discontinued. 1065 submitted as final. K1 checked off as Final K1 but error comes up asking for disposition of "interest" Wasn't sold or anything partnership was husband and wife and they just stopped doing business with partnership.
Labels
linette
Level 5
02-04-2021
09:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have no idea what the right answer is here but I enter the last day of the year, zero for sale price and then review everything, override where needed to get the return the way I want it.
System doesn't let you remove something as dormant.