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Level 1
Aug 12, 2021 7:04 PM UTC
Question

Amending K-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

Aug 12, 2021 8:34 PM UTC

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
Aug 13, 2021 12:44 AM UTC

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

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