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One of the two LLC member passed away on December 31, 2020. Would the K-1 be issued to the deceased member or the deceased member's estate on the 2020 Form 1065? Thanks.

Posted
22 hours ago, 1464940 said:

One of the two LLC member passed away on December 31, 2020.

K-1 goes to deceased partner.   

If he died during the year then more than one K-1 is issued since the partnership tax year for the deceased ends on DOD.

 

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