Do I need to send amended K-1's to all members after amending a 1065?
I filed a final 2020 1065 recently that has 149 members. Now one of the members wants the K-1's for two of its accounts changed to reflect a merger of the two accounts. There would be no changes to the company's numbers or other information, and none of the other 147 members would have any changes to their K-1's. If I amend the return, I know all K-1's will be marked as "Amended K-1" if printed. My question to the community is this: If I chose to amend the 1065, do I need to distribute the new amended K-1's to ALL members or just the two affected? As an alternative, could I simply change the numbers for the two K-1's affected without formally amending the return?
Thank you!
