If you are not already claiming a foreign tax credit from other forms you have received and the K-1 losses would only contribute to a carryover, you do not need to include them. Ensure you have added the losses to your carryover amounts to update on your 2023 taxes. If you are claiming a foreign tax credit, you will need to enter your K-3 to ensure the calculation for the allowable credit is correct.
I do not recommend filing now if you already know you will need to amend when you receive the K-3. If this is the case, you should file for an extension and pay any estimated tax you may owe by 4/18/23.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
