I am an executor to a will and I went crazy trying to get a clear answer from several attorneys and tax experts regarding the need to file and/or sending the K-1 schedule to the heirs.
You do not need the K-1 schedule to form 1065 because it is not filed with your 2022 federal tax return. It is not filed with your state return either. The estate settlement to you is well below a million dollars, therefore, you will not be taxed on your inheritance.
https://www.irs.gov/pub/irs-pdf/f1065sk1.pdf
