topic I am in a partnership that changed members part-way through the year. Do I enter different fiscal period for each T2125 or write dates in the name (ie. *name* Jan1-May9)? in Self-employed https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107 <P>My business started 2018 with 3 individual partners, one partner stepped down in May 2018 leaving 2 partners until the end of the year. In a recent consultation with a CA, I was told that we could file two separate T2125's for each portion of the year. I am wondering if we should write the dates indicating each portion (Jan-May, May-Dec) in the name of the business (ie. *Name* (Jan1-May9)) or if I should enter a different Fiscal Period for each T2125?</P> Thu, 31 Oct 2019 05:44:25 GMT alexander-toney 2019-10-31T05:44:25Z I am in a partnership that changed members part-way through the year. Do I enter different fiscal period for each T2125 or write dates in the name (ie. *name* Jan1-May9)? https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107 <P>My business started 2018 with 3 individual partners, one partner stepped down in May 2018 leaving 2 partners until the end of the year. In a recent consultation with a CA, I was told that we could file two separate T2125's for each portion of the year. I am wondering if we should write the dates indicating each portion (Jan-May, May-Dec) in the name of the business (ie. *Name* (Jan1-May9)) or if I should enter a different Fiscal Period for each T2125?</P> Thu, 31 Oct 2019 05:44:25 GMT https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107 alexander-toney 2019-10-31T05:44:25Z You are reporting this correctly by completing two separa... https://turbotax.community.intuit.ca/community/self-employed/discussion/you-are-reporting-this-correctly-by-completing-two-separa/01/935646#M6108 <P>You are reporting this correctly by completing two separate T2125s. And for easier reference entering those dates in the name would be helpful. You should also make sure you say "Yes" to <I>Was this the Final Year of the Business?,&nbsp;</I>for the first part of the year when you had three partners.&nbsp;</P> Thu, 31 Oct 2019 05:44:26 GMT https://turbotax.community.intuit.ca/community/self-employed/discussion/you-are-reporting-this-correctly-by-completing-two-separa/01/935646#M6108 TurboTaxKim 2019-10-31T05:44:26Z
This XML file does not appear to have any style information associated with it. The document tree is shown below.
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
<channel>
<title>
topic I am in a partnership that changed members part-way through the year. Do I enter different fiscal period for each T2125 or write dates in the name (ie. *name* Jan1-May9)? in Self-employed
</title>
<link>
https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107
</link>
<description>
<P>My business started 2018 with 3 individual partners, one partner stepped down in May 2018 leaving 2 partners until the end of the year. In a recent consultation with a CA, I was told that we could file two separate T2125's for each portion of the year. I am wondering if we should write the dates indicating each portion (Jan-May, May-Dec) in the name of the business (ie. *Name* (Jan1-May9)) or if I should enter a different Fiscal Period for each T2125?</P>
</description>
<pubDate>Thu, 31 Oct 2019 05:44:25 GMT</pubDate>
<dc:creator>alexander-toney</dc:creator>
<dc:date>2019-10-31T05:44:25Z</dc:date>
<item>
<title>
I am in a partnership that changed members part-way through the year. Do I enter different fiscal period for each T2125 or write dates in the name (ie. *name* Jan1-May9)?
</title>
<link>
https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107
</link>
<description>
<P>My business started 2018 with 3 individual partners, one partner stepped down in May 2018 leaving 2 partners until the end of the year. In a recent consultation with a CA, I was told that we could file two separate T2125's for each portion of the year. I am wondering if we should write the dates indicating each portion (Jan-May, May-Dec) in the name of the business (ie. *Name* (Jan1-May9)) or if I should enter a different Fiscal Period for each T2125?</P>
</description>
<pubDate>Thu, 31 Oct 2019 05:44:25 GMT</pubDate>
<guid>
https://turbotax.community.intuit.ca/community/self-employed/discussion/i-am-in-a-partnership-that-changed-members-part-way-through-the-year-do-i-enter-different-fiscal/01/935645#M6107
</guid>
<dc:creator>alexander-toney</dc:creator>
<dc:date>2019-10-31T05:44:25Z</dc:date>
</item>
<item>
<title>
You are reporting this correctly by completing two separa...
</title>
<link>
https://turbotax.community.intuit.ca/community/self-employed/discussion/you-are-reporting-this-correctly-by-completing-two-separa/01/935646#M6108
</link>
<description>
<P>You are reporting this correctly by completing two separate T2125s. And for easier reference entering those dates in the name would be helpful. You should also make sure you say "Yes" to <I>Was this the Final Year of the Business?,&nbsp;</I>for the first part of the year when you had three partners.&nbsp;</P>
</description>
<pubDate>Thu, 31 Oct 2019 05:44:26 GMT</pubDate>
<guid>
https://turbotax.community.intuit.ca/community/self-employed/discussion/you-are-reporting-this-correctly-by-completing-two-separa/01/935646#M6108
</guid>
<dc:creator>TurboTaxKim</dc:creator>
<dc:date>2019-10-31T05:44:26Z</dc:date>
</item>
</channel>
</rss>