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Poco Deplorevole

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?