I'm waiting for a K-1 form and have been informed an "estimated K-1" may be available by 4/11 and the final version will be done in June.
Currently I owe FED & State taxes and the K1 form will likely increase the amount owed.
I'm trying to decide the best course of action:
1. Should I file for an extension since the estimated K1 may not even be available by 4/11? I still have to pay the taxes owed by 4/15 and TT Premier creates Form 4868 for mailing but can I file the 4868 separate from the actual return? Would I use the EFTPS or IRS site to file the 4868 and make the payments?
OR
2. Go ahead and file now, pay the taxes owed and then do an amended return in June when the final K1 form is made available?
OR
Is there another option?
