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Business & farm
Thank you so much, Alicia! If my error is that I need to decrease an expense, does that result in an IU that I should be paying at the partnership level instead of sending out amended K-1s? No partner has filed their personal tax returns yet, so it seems so easy to just send out amended K-1s, but I'm unsure if this error creates an IU that the partnership should pay instead?
‎April 7, 2023
9:22 AM