bam1943
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today is filing deadline and I still have not gotten a k-1 form from partnership llc can I file without this form and amend my return later?
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June 5, 20193:22 PM
last updatedJune 05, 20193:22 PM
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DoninGA
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Can I file my return without a k-1 form and amend my return when and if I get it ?
Yes you can file the 2016 return without the Schedule K-1 and then amend the 2016 return after receipt of the K-1.
See this TurboTax support FAQ for amending a 2016 tax return -https://ttlc.intuit.com/questions/3061514-how-do-i-amend-a-2016-return-in-turbotax
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June 5, 20193:22 PM
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9 Replies
DoninGA
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Can I file my return without a k-1 form and amend my return when and if I get it ?
Yes you can file the 2016 return without the Schedule K-1 and then amend the 2016 return after receipt of the K-1.
See this TurboTax support FAQ for amending a 2016 tax return -https://ttlc.intuit.com/questions/3061514-how-do-i-amend-a-2016-return-in-turbotax
June 5, 20193:22 PM
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hltbrg
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Can I file my return without a k-1 form and amend my return when and if I get it ?
How about this year?
March 6, 20215:22 PM
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npierson7
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Can I file my return without a k-1 form and amend my return when and if I get it ?
You can do it this year as well. However, it is better to wait until you get the form and then file your return to avoid amending your return later. Lots of business send out theirforms K-1 after March 15.
March 6, 20215:36 PM
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SweetieJean
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Can I file my return without a k-1 form and amend my return when and if I get it ?
Right, and amended returns are taking about 6 months to process now.
March 6, 20215:39 PM
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Oscar Zilch
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Can I file my return without a k-1 form and amend my return when and if I get it ?
So I just omit the K-1 rather than use estimated numbers, and then file a 1040-X when the final K-1 is received? Please see my post at:
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/third-economic-impact-payment/00...
This is an important question regarding the third economic impact (or stimulus) payment enacted in 2021.
Thanks.
May 1, 20216:53 AM
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chezlagal
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Can I file my return without a k-1 form and amend my return when and if I get it ?
Is this valid - file and then file amended when receipt of K1 - which I know will be a loss - for filings of Tax Year 2021 returns? No penalty as long as there isn't a profit shown on the K1? Know I am getting a refund and can really use the money now, not when the company finally mails it in late March.
January 29, 20225:06 PM
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PatriciaV
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Can I file my return without a k-1 form and amend my return when and if I get it ?
Yes, you always have the option to file anamended returnbased on additional information. Just be aware that the IRS hasn't processed amended returns filed for 2020, so it may be a long time before your final 2021 return makes it through their system.
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January 30, 20228:30 AM
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1isa
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Can I file my return without a k-1 form and amend my return when and if I get it ?
If you file your taxes without the K1, then receive it but it does not affect the amount owed or refunded at all (very minimal loss or gain), do you still need to amend it upon receipt?
April 3, 202312:15 PM
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SharonD007
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Can I file my return without a k-1 form and amend my return when and if I get it ?
No, you do not have to amend your tax return if the K-1 does not change your refund or amount due.
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April 3, 202312:27 PM
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