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Old 10-08-2013, 09:44 PM
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Join Date: Oct 2013
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Ending capital account on K-1 from prior year

I received a final K-1 from a partnership back in 2009 with a positive ending capital account. I reported the income and other data from this K-1 but did not report it as a final K-1 and thus I never wrote off the balance of my capital account.

Is it too late to do anything about this now?



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