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Business & farm
You have to report all of your income. However, if you are not required to file a tax return, then you would not have to enter them. See the chart below to determine if you need to file a tax return this year. If you are required to file then, unfortunately, you would need to enter each K-1 on your tax return. The IRS has copies of all of your K-1s and they will expect them to be on your tax return if you are required to file a return. https://ttlc.intuit.com/replies/3302274
‎June 1, 2019
11:44 AM