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" If the name of the fiduciary is wrong on my Final K-1 does it need to be corrected before sending in my taxes?"
Provided the name of the trust/estate and the EIN (taxpayer ID number) in Part I of your K-1 is correct, the name and address of the fiduciary is somewhat immaterial as that information does not get transferred to Part III of Schedule E.
Further, the K-1 that you were issued is for your information and for you to enter on your own income tax return. The actual K-1 form that you entered does not get transmitted (or sent) to the IRS.
" If the name of the fiduciary is wrong on my Final K-1 does it need to be corrected before sending in my taxes?"
Provided the name of the trust/estate and the EIN (taxpayer ID number) in Part I of your K-1 is correct, the name and address of the fiduciary is somewhat immaterial as that information does not get transferred to Part III of Schedule E.
Further, the K-1 that you were issued is for your information and for you to enter on your own income tax return. The actual K-1 form that you entered does not get transmitted (or sent) to the IRS.
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