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?????
You already asked, here:
https://proconnect.intuit.com/community/tax-talk/discussion/final-k-1/00/76781
No need to keep asking. Thanks.
