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If I amend the capital on K-1 and it does not change anything on the profit, do I file an amended 1065 return?

 
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Anita01
New Member

If I amend the capital on K-1 and it does not change anything on the profit, do I file an amended 1065 return?

No, no amendment is necessary for jut a change in the capital account unless it changes the deductibilty of a loss on the form.

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1 Reply
Anita01
New Member

If I amend the capital on K-1 and it does not change anything on the profit, do I file an amended 1065 return?

No, no amendment is necessary for jut a change in the capital account unless it changes the deductibilty of a loss on the form.

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