I live in Texas- no inheritance tax. Received ( after three years) a final distribution and a K1 form. Do I need to report it?

posted

Connect with an expert

1 Reply

I live in Texas- no inheritance tax. Received ( after three years) a final distribution and a K1 form. Do I need to report it?

Yes all K-1 forms you receive need to be reported on the return.

Still have questions?