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Investors & landlords
You need to wait to receive the actual K-1 before completing your return.
The letter is telling you what you could expect to see on the K-1.
This is also telling you that you may not receive your K-1 until after April 15th, so you will need to use the amounts in the letter to prepare an extension and possible payment along with the extension.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
Also keep in mind the date of replies, as tax law changes.
‎February 14, 2022
8:00 AM