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Unrealized Losses in Schedule K-1
Hello,
I have already filed my 2021 taxes via Premiere TurboTax and received my federal refund. I did not enter any information for Schedule K-1 because I didn't receive this document until now, after the filing.
Do I only file the K-1 if I have realized losses? My Schedule K-1 from a hedge fund reported ordinary losses for 2021. I was assured by the fund that the losses were not realized losses but ordinary losses. So, I'm assuming I do not need to amend my 2021 tax filing because the losses were not realized, correct?
Thank you in advance.
‎April 14, 2022
2:44 PM