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March 8, 2020
Question

I received a K-1 in 2019 for the calendar year December 2018. I did not include the K-1 last year. How do I change the calendar year for the K-1?

  • March 8, 2020
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1 reply

March 8, 2020

Unfortunately, you will need to amend your 2018 tax return through the use of Form 1040X, which should be available through TurboTax (a function of your version).  Applying two K-1 from the same firm to your current tax return may raise a "red" flag.