Tax Prep Fees Paid After Final 1065 Filed

[David]

I don't see anything in my research tools that indicate an LLC can report the tax prep fees for preparing a final 1065 when these fees, of course, won't be paid until after the final tax return date.

It appears that the LLC members are out of luck as far as deducting their portion of the fee, Is this correct?

Thanks.

[BHoffman]

Unreimbursed Partnership Expense?

[OldJack]

1040 Sch-E:
You can deduct unreimbursed ordinary and necessary expenses you paid on behalf of the partnership if you were required to pay these expenses under the partnership agreement. (Sch-E Instructions)

[David]

Ok , that makes sense. I guess you can report UPE even if no K-1 is issued.

Thanks for your help on this.

[Abby Normal]

All final returns are accrual. The fees should have been deducted on the final return.