Great point about the rounding issue! I just double-checked my numbers and thankfully they do add up to exactly 100%, but that's definitely something I wouldn't have thought to verify. It's crazy how a tiny rounding error can trigger IRS scrutiny when you're trying to fix a legitimate mistake. Based on all the advice here, it sounds like my best path forward is to: 1. File corrected K-1s marked "CORRECTED" for just the two affected partners 2. Include a cover letter with our EIN, tax year, and explanation that only ownership percentages needed correction 3. Attach relevant pages from our partnership agreement showing the correct percentages 4. Verify all percentages across all partners still total exactly 100% Thanks everyone for the detailed guidance - this has been incredibly helpful! Much better than the vague advice I was getting from other sources.

Just wanted to chime in as someone who's dealt with K-1 corrections multiple times. Your situation is actually pretty straightforward - corrected K-1s are definitely the way to go rather than amending the entire 1065. One additional tip that saved me headaches: when you prepare the corrected K-1s, make sure to use the exact same form version and format as your original filing. The IRS can get picky about consistency between original and corrected forms. Also, consider sending the corrected K-1s to your partners via certified mail so you have proof of delivery - this can be helpful if any questions come up later about when they received the corrections. The advice about documenting everything is spot on. Keep copies of all your correspondence and supporting documents in case the IRS has follow-up questions. In my experience, when you're proactive about explaining the correction and provide clear documentation, the IRS processes these amendments pretty smoothly.

Filed mine Feb 20th and in the same boat! 🚣‍♂️ Been checking the portal religiously and it's still stuck on "processing." My federal came through weeks ago but GA is just sitting there doing... something? The fraud prevention angle makes sense but dang, a girl's got bills to pay! At least I'm not alone in this waiting game. Thanks for posting this - was starting to think my return got lost in the digital void somewhere.

Filed mine Feb 5th and FINALLY got my refund yesterday! Direct deposit hit my account around 3am. So there's hope for all of us February filers! The whole process took about 10 weeks exactly. I know the wait is brutal but hang in there - seems like they're finally working through the backlog. Keep checking that portal, mine updated from "processing" to "approved" literally overnight.

Anyone know if TurboTax handles K-1 amendments easily? I'm in a similar situation as OP but I used TurboTax to file originally.

Hey Nathan! Don't stress too much about this - it's actually a pretty common scenario, especially with ETFs like $USO that are structured as partnerships. Just to add to what others have said: when you originally reported $USO on Form 8949, you were treating it like a regular stock sale. But since $USO is actually a partnership, you need to report your share of the partnership's activities via the K-1 instead. The good news is that for most people with small positions in $USO, the K-1 amounts are usually minimal. Look at the dollar amounts in the boxes - if they're small (like under $50 total), the impact on your taxes will be very small. One thing to keep in mind: when you file your amended return, you'll want to remove the $USO transactions from your original Form 8949 and instead report the K-1 information on the appropriate lines of your 1040. The K-1 will show the "correct" way to report your $USO investment. You're being responsible by wanting to handle this properly - many people just ignore K-1s for small amounts, but it sounds like you want to do things right!

I've been with Go2Bank for about 8 months now and can share my tax refund experience from this year. Filed early in February and got my refund exactly 1 day early - not the full 2 days their marketing suggests, but still better than my old credit union that sometimes took an extra day beyond the IRS date. One thing I really appreciate is their transparency in the app. You can see pending deposits with timestamps, so there's no guessing about when money will actually be available. The notification system is solid too - got alerts both when the deposit was initiated and when it was available to spend. My biggest advice echoes what others have said: don't budget based on early deposit promises. I learned this lesson with a different online bank a few years ago. Plan for the official IRS date and you'll never be stressed about timing. The early deposit is just a nice bonus when it happens. Overall, Go2Bank has been reliable for me. Not perfect, but definitely better than traditional banks for digital banking features and deposit timing. Hope this helps with your decision!

I've been using Go2Bank for tax refunds for the past two years and wanted to share my experience since you're making the switch from Chime. First year (2023): Got my refund exactly 2 days early - filed in late January, IRS scheduled deposit for February 15th, received it February 13th around 5 AM. This year (2024): Only 1 day early - filed February 1st, IRS date was March 1st, got it February 29th. The difference seems to be IRS processing speed rather than Go2Bank's capabilities. This year the IRS has been slower overall, so they're sending ACH notifications later than usual. A few practical tips: - Set up push notifications in the Go2Bank app - you'll get alerts when deposits are pending - Their customer service via chat is pretty responsive if you need help - The mobile app shows pending deposits with expected availability times, which is super helpful Like others have said, plan for the official IRS date but Go2Bank is generally reliable for getting deposits at least a day early when the IRS cooperates. Coming from Chime, you'll probably find the experience pretty similar in terms of early deposit timing. Good luck with your refund!

Has anyone else had problems with their HSA provider charging extra fees for contributions made outside of payroll? After my layoff, my HSA administrator started hitting me with $2 transaction fees for each direct deposit I made. Seems like a ripoff!

One thing to keep in mind is that when you make direct HSA contributions (not through payroll), you'll miss out on the FICA tax savings you would have gotten with payroll deductions. Payroll HSA contributions avoid both income tax AND the 7.65% FICA tax, while direct contributions only avoid income tax. That said, the tax deduction is still substantial! Just make sure to keep good records of all your contributions throughout the year. I recommend setting up automatic monthly transfers to your HSA so you don't forget to max it out, especially while job hunting when finances might be tight. Also, since you mentioned your former employer is covering health insurance for 2 years, double-check that your plan still qualifies as a High Deductible Health Plan. Sometimes employer-sponsored continuation coverage can have different terms than the original plan.