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Necessary to amend 1065 for incorrect Schedule B-1?


David

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LLC had 2 members with 50% ownership each until 1/1/15. In 2015 another member was added with only 1/2% ownership.

I just noticed that the 2015 and 2016 Schedule B-1 still reports the original members with each having 50% ownership.  The K-1s have the correct informaiton. The 2015 tax return was filed last year and the 2016 tax return was filed on 9/15/17.

The client hasn't received anything from the IRS regarding the 2015 Sch. B-1.

Is it necessary to amend the 1065 just for the change on Sch. B-1? Or just correct it going forward?

Thanks.

 

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