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Amending K-1

borispopov
Level 1

What is the easiest way to change only one K-1 - by splitting it between two separating spouses?

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2 Replies 2
TaxGuyBill
Level 15

Is this for a Community Property State, and I assume the Community Property rules allow for that?

If so, I suspect that you would need to enter it as two separate K-1s, one for each spouse.

 

George4Tacks
Level 15

That sounds like amending one K-1 and adding a second K-1. Both would be corrected. Please clarify.


ex-AllStar