https://ttlc.intuit.com/community/taxes/discussion/re-schedule-k-1-box-16-checked/01/3074233#M1123662 <P>Hello,</P> <P>If you received schedule K-1 after you filed your tax return, you will have to amend your tax return and include the schedule K-1 in your amended return. You received this schedule because you (or your spouse,&nbsp; if married filing jointly) were either a partner in a partnership, shareholder in a scorp or a benificiary in a estate or a trust. In any case, you will have to include your share of income/loss in your tax return, for that reason you will have to amend your return.</P> <P>&nbsp;</P> Wed, 28 Jun 2023 16:30:37 GMT KanchanM 2023-06-28T16:30:37Z https://ttlc.intuit.com/community/taxes/discussion/schedule-k-1-box-16-checked/01/3074215#M1123661 <P>The form came after we had already done our 2022 taxes with Turbo Tax. &nbsp;What do I do?</P> Wed, 28 Jun 2023 16:24:08 GMT https://ttlc.intuit.com/community/taxes/discussion/schedule-k-1-box-16-checked/01/3074215#M1123661 vwinterhtax 2023-06-28T16:24:08Z https://ttlc.intuit.com/community/taxes/discussion/re-schedule-k-1-box-16-checked/01/3074233#M1123662 <P>Hello,</P> <P>If you received schedule K-1 after you filed your tax return, you will have to amend your tax return and include the schedule K-1 in your amended return. You received this schedule because you (or your spouse,&nbsp; if married filing jointly) were either a partner in a partnership, shareholder in a scorp or a benificiary in a estate or a trust. In any case, you will have to include your share of income/loss in your tax return, for that reason you will have to amend your return.</P> <P>&nbsp;</P> Wed, 28 Jun 2023 16:30:37 GMT https://ttlc.intuit.com/community/taxes/discussion/re-schedule-k-1-box-16-checked/01/3074233#M1123662 KanchanM 2023-06-28T16:30:37Z