I received a late K-1, after I submitted my tax forms. I amended my forms, but the amount that I owe both the federal and state gov remained $0 and $0 in TurboTax. The income reported in the K-1 is pretty small.
Yes you would need to amend your return and submit the K-1 information. If you received a K-1 then whoever filed it also sent a copy to the IRS as required by them.If you don't report all of your forms it's possible the IRS will notice and change your return for you.
Yes you would need to amend your return and submit the K-1 information. If you received a K-1 then whoever filed it also sent a copy to the IRS as required by them.If you don't report all of your forms it's possible the IRS will notice and change your return for you.