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We are in California. There is no way to file a partial
return. Can I just wait and file the normal year end tax
return to the IRS and to California? I am requesting checks
be cut to payoff each individual member as of 6/15/2010. I
really do not want to have to deal with the whole partial
tax form nightmare.
Thank You
I'm not sure where you got the impression that you can't file a short year return in CA, but it's wrong. See Instruction I on page 6 of the CA 565 booklet.
 
Ira Smilovitz
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In a message dated 06/20/10 22:28:05 Eastern Daylight Time, jhotovec@bivio.com writes:
We are in California. There is no way to file a partial
return. Can I just wait and file the normal year end tax
return to the IRS and to California? I am requesting checks
be cut to payoff each individual member as of 6/15/2010. I
really do not want to have to deal with the whole partial
tax form nightmare.
 
 
it's not that I cannot but I don't want to do the manual
work. So we are leaving our brokerage account open. Ditto
for the Bivio account. I will file the final returns next
year when all the forms are updated.