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Level 4
posted Mar 17, 2023 7:17:26 AM

I got a K-1 with box 16 checked indicating there is a k-3. but K-3 is not available. How can I file this without K-3

I called the entity that produced the K-1, they told me the K-3 will not be available until end of June. How am I supposed to file the tax then? TT asks me the info on K-3 after I entered the info for K-1.

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1 Replies
Expert Alumni
Mar 17, 2023 7:48:41 AM

You have two options. The best option would be to file for an automatic six month extension of time to file your return and wait until you get the K-3 form to file it. You will see an option for the extension on your home page in TurboTax towards the end of tax season. The second option would be to indicate in TurboTax that you don't have a K-3 form and file your return without it, then go back and amend the return (you can do this for no charge in TurboTax) when you get the K-3 form to see if your tax changed. If your tax does not change, you don't have to file the amended return.