How to I amend my federal & stare returns to add a new Schedule K-1?

I am preparing a 1040x return to add a new Schedule k-1 for a partnership to my return. The new Schedule k-1 did not add any additional income, credits, losses or deductions to my return. Since the 1040x did not change my reported income, deductions, credits losses or taxes, do I need to file an amendment due to the new Schedule K-1 to my Illinois state return?

Thanks,

RollieH

543

2 Best answers

Level 15

Jul 3, 2023 1:19:05 PM

If the new information did not change anything on the returns you have already filed you do NOT need to bother filing amended returns as nothing actually changed.

Level 2

Jul 6, 2023 5:41:55 AM

Thanks for responding to my question. I agree with you that there is no need to amend my state tax return since nothing changed in my state return. Thanks again!