Discussion:Partnership Dstributions
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Discussion Forum Index --> Advanced Tax Questions --> Partnership Dstributions
Discussion Forum Index --> Tax Questions --> Partnership Dstributions
Jrgarci3115 (talk|edits) said: | 1 July 2008 |
| Have final 1065 for LLC that transferred its assets to a liquidating trust on 6/30/06. The K1 shows distributions of $1,250 (code A) and $4,090 (code b) fmv of equipment. However, the LLC sent out information letters to partners at year end 2006 and 2007 indicating total distribution to partners of $3,600 for 2006. Other items that appear on this letter are gains from equipment sale, other rental income, and interest income. Does the end of year letter includes the distributions shown on the k1 form? | |
| 1 July 2008 | |
| Profile, please. Just click on your name in your post above. That will take you to your user page, where you can click on the "edit this page" tab at the top, replace the boilerplate with your own information, and save the page. | |
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