Have a K-1 from partnership with fiscal year ending in 2009.The k-1 is from a 2008 partnership reurn.Do I report the K-1 on individuals 2008 or 2009 return?
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Have a K-1 from partnership with fiscal year ending in 2009.The k-1 is from a 2008 partnership reurn.Do I report the K-1 on individuals 2008 or 2009 return?
Since the fiscal year eneded on 2009, you would include the income shown on the Schedule K-1 on your 2009 tax return.
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