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Individual Tax Forms City of Kettering

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some people are receiving K1 forms and they're not accustomed to receiving k1s so K1 tax form is issued when you are invested in a limited partnership for an example and gas and oil limited Partnerships have become more popular this past year and so more people are getting k1s so what do you do if your Investments are in a retirement account such as an IRA or Roth IRA it's only informational there's nothing you need to do but if your Investments are in a taxable account brokerage account trust account then you will need to use it in your tax return and if you've already filed return you need to do an amended return be sure and get good tax advice

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