topic K-1 Notification in Business & farm

K-1 Notification

Richard419 — Tue, 24 Feb 2026 04:18:55 GMT

I have received a notification that my K-1 does not have a corporate name listed. I have an LLC that I am the only partner (my wife is included due to our state is a common property state). What would trigger the requirement for a K-1?

Re: K-1 Notification

MarilynG1 — Tue, 18 Apr 2023 20:43:32 GMT

If your LLC consists of only yourself and your spouse in a Community Property State, you can choose to be a 'disregarded entity' and file two Schedule C's in your personal return.

If you chose to be considered a Corporation, then you would file a Business Return Form 1065 and issue K-1's to yourself and your spouse. You would be both the issuer (Corporation) and Recipient on the K-1's.

Here's more info on Husband-Wife LLC.

@Richard419

Re: K-1 Notification

Rick19744 — Tue, 18 Apr 2023 21:14:46 GMT

@MarilynG1

I believe you meant to say "partnership" and not "corporation".

A corporation would not be filing a form 1065.

Re: K-1 Notification

Richard419 — Tue, 18 Apr 2023 21:29:55 GMT

Correct I did mean to state partnership. However, I do no have any partnerships other than the terminology used in the LLC nomenclature. I have not been issued nor have I issued a K-1.

Re: K-1 Notification

Richard419 — Tue, 18 Apr 2023 21:31:11 GMT

Thank you, I think that may reach the heart of my issue. I will go back and revise.