• No K-2

    From Stuart O. Bronstein@21:1/5 to All on Mon Apr 19 11:17:18 2021
    The managing partner is refusing to give another partner a K-1 for last
    year. I found Form 8082, though reading through it and the
    instructions that doesn't seem to be what is needed.

    I would have thought the 4852 would be appropriate, but it doesn't seem
    to include K-1s.

    What am I missing?

    Thanks.


    --
    Stu
    http://DownToEarthLawyer.com

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  • From John Levine@21:1/5 to All on Mon Apr 19 13:14:22 2021
    According to Stuart O. Bronstein <spamtrap@lexregia.com>:
    The managing partner is refusing to give another partner a K-1 for last
    year.

    That makes no sense. If the partnership filed its 1065, it included all of the K-1's,
    and there's no reason not to send out copies to the partners.

    In my experience K-1's are often very late so you have to get an extension and wait for
    them to show up. Any chance the managing partner is just slow and hasn't sent out K-1's at all?

    Alternatively, they did file the 1065, there is no K-1 for the guy, so he wins, no partnership
    income for the year.

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    Regards,
    John Levine, johnl@taugh.com, Primary Perpetrator of "The Internet for Dummies",
    Please consider the environment before reading this e-mail. https://jl.ly

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