K-3 not available until June

Forum|Forum|2 years ago
April 5, 2024
4 replies
25 views

I have a K-1 with the K-3 box checked. The first page of the K-1 package says the K-3 won't be available until June (see portion below). Does this prevent me from completed my return until June? What options do I have?

Language:

Items of international tax relevance will be reported by the Partnership on Schedule K-3. The Schedule K-3, while not enclosed with this tax package, will be made available to you online by the end of June 2024...

Mike9241

Level 15

Maybe since we don't know what on the k-3.

that leaves you with the following options

1)file timely then amend if needed

2) extend

there may be parts of the k--3 that Turbotaxc does not do for which you may be required to file various forms. theY would require manual preparation and for you to file by mail.

Mike9241

rwom1217Author

Level 5

My preference would be a timely file that I then amend. To do so, do I tell TT that box 16 is not checked even though that would be inaccurate, or do I check "yes" but leave all the fields blank?

Am I required to amend if the amount I get back increases or stays the same? (Do they want the info reported no matter what, even though they already get sent a copy?)

How do I know if there are parts TT isn't doing for me?