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How to amend a partnership K-1 after I amended a 1065?

david-chau
Level 1

Does Lacerte amend the K-1 automatically after I amend the 1065? 

If not, how do I do it?

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George4Tacks
Level 15

Look at the K-1 for your amended return. Notice the little box up at the top, to the right of center that says Amended K-1

No promises made or implied, I am just another user, like you.

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George4Tacks
Level 15

Look at the K-1 for your amended return. Notice the little box up at the top, to the right of center that says Amended K-1

No promises made or implied, I am just another user, like you.

View solution in original post

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david-chau
Level 1
Yea I know, the box is checked but the numbers on the new K-1 stays the same as the old K-1. I double checked the 1065X and I am sure I had filled it out properly. (It is a simple amendment where I change Ordinary business income from 600 thousand to 450 thousand.)
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George4Tacks
Level 15
That should have changed the K-1. The K-1's are part of the 1065, so amending the 1065 should generate changes in the K-1's.
Did you do a special allocation on the original? If so, that would need to be adjusted.
No promises made or implied, I am just another user, like you.
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abctax55
Level 14
:+1::+1:
** Former AllStar - so don't trust ANY of my answers **


(If a post answers your question, click on "Accept as solution" for future searches)
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