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dsmonzyk
New Member

Is there a limit on a K-1 that I don't have to include on my taxes? I have a K-1 for .04 cents in interest and $22.23 Qualified dividends.

 
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WillK
Intuit Alumni

Is there a limit on a K-1 that I don't have to include on my taxes? I have a K-1 for .04 cents in interest and $22.23 Qualified dividends.

Unfortunately no, you need to include the K-1 on your return. The IRS will receive the K-1 one as well and will be looking to match it to your return when you file it. 

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WillK
Intuit Alumni

Is there a limit on a K-1 that I don't have to include on my taxes? I have a K-1 for .04 cents in interest and $22.23 Qualified dividends.

Unfortunately no, you need to include the K-1 on your return. The IRS will receive the K-1 one as well and will be looking to match it to your return when you file it. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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