Do I have to complete a K-1 for the following:

We collected initial contributions before signing agreement (signing
occurred in Oct'01).  Individual paid contribution in Sept'01.  Oct'01 she
stated she could not committ.   Upon receipt of her notice in Nov'01 the
partnership agreed to a refund minus expenses occurred. The withdrawal is
taking place Feb'02.

Any thoughts on this matter is helpful.

LaVerne 
Asst. Treasurer
F3


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