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Returning Member
posted May 20, 2020 6:30:33 PM

Changes to the Schedule K and K-1s

I have allocation changes impacting Schedule K and the K-1s but there is no change to the 1065.  When I made the amendment in TurboTax Business and selected the option to print the impacted forms and schedules, only the 1065X printed.   There are no changes to the 1065 nor should there be.

 

Do I need to file an amended partnership return?  If so, what forms do I need to send to the IRS? 

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1 Replies
Expert Alumni
May 22, 2020 2:48:46 PM

See the section "What to Attach" from the IRS Instructions for Form 1065X at this link.  I recommend that you attach a statement explaining exactly what changed, and a copy of any form that changed (including Schedule K and Schedule K-1).