I received a schedule K1 after filing. The only items on it are final year deductions and tax-exempt interest - both small amounts. Do I need to file and amended return?
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1 Best answer
zeiguzunt
New Member
Jun 6, 2019 6:14:32 AM
How small is small. If the amounts are just a few dollars, I would not bother. If you're talking $1,000 and the amount seems small to you because your income is $250,000, definitely report them.
1 Replies
zeiguzunt
New Member
Jun 6, 2019 6:14:32 AM
How small is small. If the amounts are just a few dollars, I would not bother. If you're talking $1,000 and the amount seems small to you because your income is $250,000, definitely report them.