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There is no such rule ... all 2021 income and expenses need to be reported on the 2021 return. Seek local professional assistance in bookkeeping and/or tax prep if you need more assistance.
if you're changing any item on schedule k, you're changing the k-1s. what the IRS would regard as "minor" and what they would do is unknown. hopefully, you indicated on the K-1s that the numbers were tentative. this would allow the partners to decide for themselves as to whether to file with the preliminary numbers or extend until they get the final k-1. yes, the partners should get a copy, it's required, of the final k-1. some may have extended so they need it. the others will have to decide for themselves whether or not to amend.
Thanks for the color. Allow me to update my research. The partners can file a form 8082 notice of inconsistent treatment. Now, I'm wondering if the partnership can/is required to file a similar notice with its 1065 alerting the IRS of a minor discrepancy.
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