Lucho Posted September 19, 2011 Report Share Posted September 19, 2011 Couple filed 2010 return reporting income from a business own by husband (sole proprietor. For 2011 they want to file as a partnership which will also include the parents of one spouse as partners. My thinking is that all they had to do is to draft the partnership agreement, get it notarized and wait for next year tax season to prepare K-1s for partners and file 1065 to the IRS. Or does it make a difference the fact that is almost the end of the year. May be a silly question, but in taxes there always something new to discuss. Thank you for any help. Grandpalu Quote Link to comment Share on other sites More sharing options...
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