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Level 1
August 12, 2021
Question

Amending K-1

  • August 12, 2021
  • 2 replies
  • 8 views

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

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2 replies

Level 15
August 12, 2021

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
August 13, 2021

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

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