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- Apr 21, 2019
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A partnership files form 1065 and distributes K-1s to the only two owner/partners. The K-1s have the "limited partner" box checked instead of the "general partner" box. Does the 1065 get amended in its entirety, with the general partner and amended K-1 boxes checked? Or can the K-1s be amended separately? Or is it necessary at all?