dereece
New Member

I received a schedule K-1 after filing my taxes and receiving my return. The only thing listed is in box 11, final year deductions, 10. Do I need to amend for this?

 
IreneS
Intuit Alumni

After you file

No.  Since the K-1 is reporting a deduction and not income, you do not have to amend to include the amount in box 11 (especially since it's only $10).  It would not really affect your tax position.

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dereece
New Member

After you file

Great, thank you!