2209036

K-1 and Do I need to amend ?

My 2020 taxes have been filed. I received a Schedule K-1 which states no reportable amounts on both forms 1041 and 541. Do I need to amend my 2020 taxes?

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K-1 and Do I need to amend ?

since there's nothing to report there's nothing to amend.

K-1 and Do I need to amend ?

No, you don't need to amend your tax return if there is no reportable amounts on the form K-1

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