How can I amend a 1065 return?

Forum|Forum|4 years ago
September 23, 2021
2 replies
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I am trying to amend a 1065 return under the BBA. According to Rev. Proc. 2021-29 the Partnership which I am trying to amend does not qualify to do so by marking the "Amended" Box on the return and K-1's.

I started doing the 1065-X but stumbled upon this intuit help article stating "Form 1065-X can't be used to amend a previously e-filed return". (Amending a partnership return in Lacerte - Intuit Accountants Community). I e-filed the return so, does that mean I cant file a 1065-X now? How should I amend the 1065 return?

Anonymous_

Employee

The link you posted is for Lacerte (an Intuit product for tax professionals).

You cannot e-file a Form 1065X with TurboTax Business, regardless.

VolvoGirl

Employee

Right, in the Windows Turbo Tax Business program Efiling the 1065X is unsupported, see this list

https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_partnership.html

I don't know about the professional programs like LaCerte or PtoSeries.

Anonymous_

Employee

Form 1065X is printed and mailed.

An amended 1065 (with the amended box checked) can be e-filed.

apple-Sweet-z

I have a related question/ problem:

I filed 1065 and K1’s for the LLC owned by my spouse and me in MA.
(Later I found out we can probably avoid 1065 and file this business activity in our joint personal tax return).

there was a line 14a on page 4 of 1065 was NOT correct, and this error seems from Box G of Sch K-1 “information about the partner”: “General partner” should have been checked, but I checked “Limited partner” instead.
this further leads to missing of value in line 14 of Sch K-1(self-employment earnings), as far as I understand.

the above PE tax return has already been accepted by Fed and state of MA.

now can anyone advise how to correct the mistake? Should I do 1065X?

the PE tax was prepared using TurboTax business desktop version. Should I Amend , then print and mail?
thank you all.