k-1

I need a k-1 from a company I no longer work for, but only own a small percentage. They don't give me the k-1s until summer, so I have to file for an extension. I do not have access to company records, so I have no idea how much tax to pay by April 15. They won't answer when I ask what a ballpark figure of profits are. What should I do?

posted

In order to file an extension you should use the figures from the prior year. That gets you the best ballpark estimate that you are capable of if they are uncommunicative.

@ndd

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