Kpeabody
Level 2

For a 1065 return

There are 3 partners that each own a third. (well one of them owns 34% and the other 33%)

On October 31st, one of the partners left the LLC. He received a final payout on 12/31/20 which was equal to 1/3 of the cash on hand. No other payments will be made to this partner. 

The remaining partners will now be 50/50 partners going forward. 

How do I go about putting this into proseries? I did a few things (Ie clicked "final k-1" for the partner in question and adjusted the ownership percentages but I feel like I am missing something.)

 

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