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rhondaaf
New Member

My company just gave me a copy of the Schedule K-1, and I have already completed my taxes. The amount of the K-1 is zero. Do I still need to report this to the IRS?

 
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MinhT
Expert Alumni

My company just gave me a copy of the Schedule K-1, and I have already completed my taxes. The amount of the K-1 is zero. Do I still need to report this to the IRS?

If your K-1 has all zeroes, you do not need to report it on your tax return. If you have already filed, you do not need to do anything.

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MinhT
Expert Alumni

My company just gave me a copy of the Schedule K-1, and I have already completed my taxes. The amount of the K-1 is zero. Do I still need to report this to the IRS?

If your K-1 has all zeroes, you do not need to report it on your tax return. If you have already filed, you do not need to do anything.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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