Where a partnership is required to file an information return, each member of the partnership is responsible for making sure that the information return is filed for each of the partnership's fiscal periods.

A partnership information return filed by one member is deemed to have been filed by all members. Accordingly, if a member files a return for a fiscal period, the other members are not required to file a return for that period.

Since we may determine or redetermine a partnership's income (or loss) for a particular fiscal period and since, as a rule, a designated partner is the only person authorized to file an objection, one of the members should be named the “designated partner,” and clearly identified as such on the return filed for that period.