# Explain my Schedule K-1?

**URL:** https://boards.straightdope.com/t/explain-my-schedule-k-1/749809
**Category:** Factual Questions
**Created:** [March 21, 2016, 11:39pm UTC](https://boards.straightdope.com/t/explain-my-schedule-k-1/749809 "2016-03-21T23:39:20Z")
**Posts on this page:** 2
**Page:** 2

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### Author: ![Chessic\_Sense](https://avatars.discourse-cdn.com/v4/letter/c/7c8e57/32.png) [@Chessic\_Sense](https://boards.straightdope.com/u/Chessic_Sense)
#### Post date: [March 25, 2016, 8:23pm UTC](https://boards.straightdope.com/t/explain-my-schedule-k-1/749809/21 "2016-03-25T20:23:18Z")

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> [@DrDeth](#):
>
> BtW- about how much did you invest?

5 figures.

[QUOTE=Tom Tildrum]  
Does that mean that they will be issuing an amended K-1?  
[/quote]

Not sure, but I’m told the first ones weren’t “released,” so perhaps the IRS doesn’t know yet.

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### Author: ![Tom\_Tildrum](https://avatars.discourse-cdn.com/v4/letter/t/e95f7d/32.png) [@Tom\_Tildrum](https://boards.straightdope.com/u/Tom_Tildrum)
#### Post date: [March 25, 2016, 9:43pm UTC](https://boards.straightdope.com/t/explain-my-schedule-k-1/749809/22 "2016-03-25T21:43:18Z")

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> [@Chessic\_Sense](#):
>
> Not sure, but I’m told the first ones weren’t “released,” so perhaps the IRS doesn’t know yet.

Maybe they mean that the firm’s owners haven’t been “released.” That might be why you now own 50% of the company. 😉

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