McWord
Level 1

Actually, I am a tax professional searching for a way to assist my client the best way I can.  Although the client has filed their business taxes on their individual returns for all years since 2010 (except 2019), I was thinking of filing a no-activity (and final 1065) for 2010.  Do you think that would pass muster at the IRS?  That way, the partnership will close and their business activities are reported on Schedule C's.

The alternative, of course, is to file ten 1065's and amend every individual tax return (for both partners) for those same ten years.  A total of 30 tax returns.  That seems to me an inordinate amount of work for all involved.  Any suggestions/advice would be most appreciated!

Thanks again,

mitch

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