K-1 for Part-year partner in a partnership?


N

NoClue

I was a partner in a private partnership for Jan-Feb this year. Then
I sold the partnership interest and ceased to be a partner.

Will I be getting a K-1 for the pro-rata income/expense for that 2-
month ownership?

TIA
 
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A

Arthur Kamlet

I was a partner in a private partnership for Jan-Feb this year. Then
I sold the partnership interest and ceased to be a partner.

Will I be getting a K-1 for the pro-rata income/expense for that 2-
month ownership?


Yes, though the partnership agreement would say if it's pro rata
or another formula.
 

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