Our ckub has decided to disband effective 11/15. I am in the
process of liquidating the portfolio. This should be
complete by months end. Will I be able to print K-1's this
year for 2002 activity or will I have to wait until January?
I need to pass this info on to the members.

P.S. Any additional info related to closing the books on a
club that you can pass on will be appreciated.

Thanks.

BERTRAM FRANCIS wrote:
> Will I be able to print K-1's this
> year for 2002 activity or will I have to wait until January?
 
We expect to have the 2002 tax software available in early January. Be
sure to use the same valuation date when entering the full member
withdrawals. If you have entered withdrawals for all the members, the
'Final K-1' and 'Final return' check boxes will be automatically
selected on the generated forms.
 
Paul Moeller
bivio Inc.