@mlpinvestor I can't explain why the K-1 provider didn't issue 2 K-1s, other than a suspicion that they default to simple (everyone gets a single K-1) and then handle everything else on request. As to amending 2021 or not, remember that the IRS gets a copy of the K-1 from the partnership. Whether they'd ever notice a discrepancy is impossible to guess, but I'd suggest doing the calculation on what the "correct" tax return looks like so you know the amount that would be in question. Then you can decide whether to amend everything, or just respond if an IRS inquiry ever shows up. As always, this isn't legal or tax advice, or even anything that should be considered more than random musings....
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
