Partnership return form 1065
In a family limited partnership in Texas, if one of the general partners died in January 2026, will the year 2025 partnership return form 1065 and k-1's be filed as usual, the death in 2026 not having any impact on the return for 2025?
Quick Answer:
The death of a general partner in January 2026 would not impact the partnership's tax filings for the 2025 tax year.
The 2025 Form 1065 and associated K-1s cover the partnership's activities and ownership through December 31, 2025. Events occurring in January 2026, such as a partner's death, pertain to the 2026 tax year. These events would be reflected in the partnership's 2026 tax filings, not retroactively on the 2025 return.
Therefore, the 2025 partnership return and K-1s would be filed as usual, reflecting the partnership's status and income for that year.
Note: This answer is provided for convenience only. It is important that you speak to a CPA about your individual tax situation.
