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Level 2
posted Mar 3, 2022 12:09:37 PM

Do I need to file an Amended return if no change in taxes?

I received an unexpected Final K-1 form from my mother's estate after I had already filed my federal tax. There are no amounts in the Part 3 section as all the interest, dividends, and gains were declared on 2020 taxes. Apparently, this final K-1 was sent out as a formality to close the estate account. Do I need to file an amended return even though it has no effect on my taxes?

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1 Best answer
Level 15
Mar 3, 2022 12:12:58 PM

If Part III is entirely blank (there are no figures in any of the boxes), then you can disregard the K-1 (it was most likely sent only to inform you that there was nothing further to report and no further K-1s would follow).

1 Replies
Level 15
Mar 3, 2022 12:12:58 PM

If Part III is entirely blank (there are no figures in any of the boxes), then you can disregard the K-1 (it was most likely sent only to inform you that there was nothing further to report and no further K-1s would follow).