club_cafe: Re: Re: Adding a partner
HelpRegister |
club_cafe: Re: Re: Adding a partner >>Along the lines of this thread, does anyone know what we
need to do with regards to the IRS when a member leaves/joins? >>I thought I read somewhere that we need to refile the partnership agreement, and perhaps even receive a new EIN. You don't have to do anything with regard to the IRS. You never file your partnership agreement with the IRS. When you file your Form 1065 in early 2004, the Schedule K-1 for your withdrawn partner will be marked "Final". If you use bivio's tax preparation routine this should happen automatically.
Ira Smilovitz |
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