Hankxlee
Level 1
02-10-2025
11:48 AM
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My parents passed away last year and as a result, my brothers/sister and I inherited some rental properties for the last 5 months of 2024. I know I need to report the rental income but my sister informed me that the K1 documents will not be available until later this year.
I typically file a 1040 with standard deductions and typically owe the IRS a couple of thousand dollars.
My question is whether I should file by 04/15 and then file an amendment when the K1 documents become available or I should request an extension and file when all of the documents are available?
Thanks.
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