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April 2, 2025
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prepare a k-1 for a partner in who lives in a different state.

  • April 2, 2025
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I prepared a 1065 partnership in wisconsin but one of the partners lives in another state and 

will not acccept the k-1 that i prepared in wisconsin.  What do i need to do?

 

 

    Best answer by Vanessa A

    If the partnership is located in WI, then the K-1 is for WI.  You do not have to prepare K-1's for partners based on the state they live in.  The partner can enter the K-1 that you prepared on their return.  Basically, the federal K-1 can be used for any information they are lacking.

    1 reply

    Vanessa AAnswer
    April 2, 2025

    If the partnership is located in WI, then the K-1 is for WI.  You do not have to prepare K-1's for partners based on the state they live in.  The partner can enter the K-1 that you prepared on their return.  Basically, the federal K-1 can be used for any information they are lacking.

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