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Get your taxes done using TurboTax
I missed the part where you said you pay what is due by 4/15/24 @aE . That's all that anyone is cautioning about. If the K-1 increases your income, then the taxes due on that income would be 4/15/24. If you choose option A, amend when you get the form, and you owe taxes on that K-1, you still will owe interest/penalties if you did not pay them on 4/15/24. Better to overestimate, than underestimate.
I like option B for the less hassle with amending and the long amending processing, but do whatever works best for you. Just pay what you expect to owe (including the K-1 income) by 4/15/24.
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‎April 14, 2024
11:00 AM