@Andrewtabor Probably not.
If changing the K-1's didn't effect any of the numbers on the K-1s then you definitely do not.
There are suspended losses that are only available in the final year of a business and if any of your partners had those on their K-1's you will have to amend the return and they may have to amend their personal returns.
If the numbers didn't change then don't amend the 2020 return for this - do double check to make sure that none of them are marked 'final' for this year. It is possible (however unlikely) that you will receive a letter from the IRS about this. Just tell them the boxes were checked in error and you're done.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
