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K1 and possible amendmet
Hello!
I received a K1 1041 from a Trust a couple days before tax filing and after I already filed. This was from a trust that I received no money from but was originally a beneficiary. I signed the money over to a family member, and I never received or touched any of the funds. I am unclear as to whether I need to amend my tax forms with any possible information from this K1 or whether I can just keep the form as a record. In section G, it reads under my name and address "No reportable amounts beneficiary [Number]."
Any guidance would be most appreciated!
7 hours ago