@rleaf wrote:As for the K-1 forms, every place I look at says that I have to file the amended return before distributing the corrected forms to the shareholders. Is that not what you think?
That is what I think as well and I am sorry if I didn't make that clear or if what I posted was misinterpreted.
However, I am still at a loss as to why you can't simply file your amended 1120-S now and issue the amended K-1s to your shareholders.
