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pupkinpie2
March 20, 2022
Question

Do I need to amend my return for a late Schedule K-1 from Fundrise?

  • March 20, 2022
  • 1 reply
  • 0 views

Hi.  I e-filed my return last week, but this week I received a Schedule K-1 from Fundrise. When I input the form in TurboTax it didn't change my Federal or State tax due.  Do I need to bother submitting an amended return?

 

Profit-Loss-Capitol

Started at 0.000000%

Ended at 0.0000976 %

 

Capital contributed during the year

$84

 

Partner’s Share of Net Unrecognized Section

Started at $0

Ended at $1

    1 reply

    AliciaP1
    March 20, 2022

    No, since the additional K-1 does not have any reportable income on it you do not need to amend your returns.

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    pupkinpie2
    March 21, 2022

    Wonderful! Thank you!