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Should I file an amended return if there is no change in income from a Estate K-1?

 
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2 Replies

Should I file an amended return if there is no change in income from a Estate K-1?

You don’t have to file an amended return if there is no change in your tax liability. 

PaulaM
Employee Tax Expert

Should I file an amended return if there is no change in income from a Estate K-1?

In general, you would not need to amend if the K-1 resulted in no changes to your refund/taxes due. However, if the K-1 involves a passive loss carryforward then you should amend to keep the carryover in place for future years. 

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