Schedule K-1 box 16 checked

[vwinterhtax]

The form came after we had already done our 2022 taxes with Turbo Tax.  What do I do?

[KanchanM]

Hello,

If you received schedule K-1 after you filed your tax return, you will have to amend your tax return and include the schedule K-1 in your amended return. You received this schedule because you (or your spouse,  if married filing jointly) were either a partner in a partnership, shareholder in a scorp or a benificiary in a estate or a trust. In any case, you will have to include your share of income/loss in your tax return, for that reason you will have to amend your return.