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Level 3
July 27, 2023
Question

K3 & Amending tax returns

  • July 27, 2023
  • 2 replies
  • 24 views

Does TurboTax premiere version accomodate K3 entries for amending tax return?

    2 replies

    Level 4
    July 28, 2023

    Greetings!

     

    The premium do it yourself version of turbotax online should be able to handle K-3's with no issues. There are generally plenty of people who have K-1's with box 16 checked for K-3 and file them without K-3's and then amend to include the K-3 at a later date when they are released. It's a common strategy. Please see below for features for each product of Turbotax:

     

    https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/

     

    https://turbotax.intuit.com/personal-taxes/online/ 

     

    Best regards!

    indAuthor
    Level 3
    July 30, 2023

    Thank you, Oliver6