Short Period Return?

After selling a Partnership Business on 1/24/06, how long do we have for filing Federal & State Tax Returns? We are in California and were on a Calendar year (January to December). I thought we have till the 15th of the 4th month following close of business but someone mentioned that we have till April 15, 2007 to file for a business closed any time during 2006. We do have to file forms 4797 and 8594 with the final partnership tax return as well after closing the books to zero.

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DolphinVJ
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