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April 10, 2023
Question

I received K-1 and has a box 16 checked for schedule k-3 attached however the institution won't send it until june 23. What my options with schedule k-3 & filing Apr 18th

  • April 10, 2023
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1 reply

AliciaP1
April 10, 2023

I do not advise you to file the return without the K-3 information unless you are certain it will be blank.  The Foreign Taxes paid or accrued box being empty does not guarantee the K-3 will be blank.

 

If you have not filed the return and do not have key indicators to file your return without the K-3 I recommend filing for an extension and completing your return when you receive it.  If you have already filed, you should wait until you receive the K-3 and then amend your return. 

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April 10, 2023

Thank you AliciaP1