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Level 2
posted Mar 24, 2021 3:30:18 PM

after filing my tax return I received a k-1 that has blanks and 0 dollar amount in five fields

I already file my tax return for 2020 and it was accepted and I got refund check. Today I got a mail that has K-1 form from a partnership related to an ETF I bought in 2020. I checked the K-1 form that has blank in most fields and 0 amount in interest in come, net short-term capital gain (loss), other deductions,... Obviously this will not change my tax return at all. What should I do?

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1 Replies
Expert Alumni
Mar 25, 2021 11:00:16 AM

If there will be no net positive income to report from this K1, you do not have a requirement to amend your tax return.