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Level 3
posted Jul 27, 2023 6:45:29 AM

K3 & Amending tax returns

Does TurboTax premiere version accomodate K3 entries for amending tax return?

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2 Replies
Expert Alumni
Jul 28, 2023 10:27:46 AM

Greetings!

 

The premium do it yourself version of turbotax online should be able to handle K-3's with no issues. There are generally plenty of people who have K-1's with box 16 checked for K-3 and file them without K-3's and then amend to include the K-3 at a later date when they are released. It's a common strategy. Please see below for features for each product of Turbotax:

 

https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/

 

https://turbotax.intuit.com/personal-taxes/online/ 

 

Best regards!

Level 3
Jul 30, 2023 7:44:51 AM

Thank you, Oliver6