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by qaboutthat 439 days ago
I almost never get all my K-1s in order in time to file. So I basically always file for an extension.
2 comments

Adding on to this. Had one K-1 come late and my CPAs strongly advised filing for an extension to give them enough time to do thorough reviews. Didn’t save me any money, they still told me roughly how much to send to the IRS immediately.
Somehow all of my K-1s came early this year. It's the first time in 20 years that I didn't have to file an extension!