I mailed a 1040x to amend a 2016 return. Should I wait until the amended return is processed before filing my 2017 taxes since I am anticipating a state refund?

[ej416]

I received a K-1 dated 2016 in January 2018 so I need to amend my 2016 return.  I have completed the 1040x and have it ready to mail.  I am working on my 2017 returns in TurboTax, but realize that the data transferred over from 2016 is not showing the amended numbers.  I also will receive a state refund that will need to be reported if the amended return is accepted.  Even though I will probably have to file an extension, should I wait until the amended return is processed and then file for 2017 or can I go ahead and use the state refund amount and other amended information to file for 2017?

[dkfxplor · Accepted solution]

need to update revised data transferred in software, if there are any changes that result from K-1 that carry over. Otherwise, you can file return, as state refund will be reported in year received, 2018.