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April 14, 2025
Question

Is there a problem if I filed personal taxes before business taxes? The K-1 shows other income that was not reported on personal taxes. Should I do anything?

  • April 14, 2025
  • 2 replies
  • 0 views
I filed personal taxes in January.

    2 replies

    VolvoGirl
    Employee
    April 14, 2025

    Sorry yes.  Now you need to amend your personal return to add it.

     

    How to Amend the current year
    https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk

    April 14, 2025

    The Schedule K-1 may have income and expense that needs to be reported on your Federal 1040 personal income tax form.

     

    If your return has been transmitted and accepted by the IRS, you may amend your Federal 1040 tax return.

     

    If you used TurboTax Online, log in to your account and select Amend a return that was filed and accepted.

     

    If you used the CD/download product, sign back into your return and select Amend a filed return

     

    See also this TurboTax Help

     

     

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