I have a partnership that had 2 partners. One partner left. She has no investment in partnership other than her time. Partnership was started in June 09, she left in Aug 09. Do I have to file a 1065 for just those 3 months? Do I need to get a new EIN
If there was, in fact, a partnership, then yes, you need to file a 1065 for those months. The sole proprietorship remaining after the other partner left may or may not need an EIN, but if it needs one, it gets a new one.
They applied for their own numbers as a partnership. And then they came to me for their accounting. Business ran a loss for the first three months. Since the partner never invested any $ into business, can she still take a loss from the partnership?
yes you will need to complete a Form 1065 if there was actually a partnership during 2009 for the time period in question. You mey need to get a new EIN for the sole propership that remained
You need to read the operating agreement, and look at the capital account regs. I suspect that you'd allocate phantom income to her sufficient to zero out the losses, but that's not necessarily the right answer.
