topic Thank you for your help! in After you file

I received a 2016 form 1041 k-1 form a few months ago with "No Reportable Income." Do I need to file this with my 2017 tax return? May I file it seperately?

hbsully — Thu, 06 Jun 2019 17:24:51 GMT

Don't add it in to your 2017 tax return. You can't mix y...

CathiM — Thu, 06 Jun 2019 17:24:53 GMT

Don't add it in to your 2017 tax return. You can't mix years. If there is no reportable income on the K-1 then you don't need to report it. You would have to file an amended 2016 tax return, in other words, you can't file a second 2016 Form 1040. But there is no need to file an amended if the K-1 doesn't change your tax for 2016.

Thank you for your help!

hbsully — Thu, 06 Jun 2019 17:24:54 GMT

Thank you for your help!

Your welcome!

CathiM — Thu, 06 Jun 2019 17:24:56 GMT

Your welcome!