I received a tax estimate instead of a final K-1 for a return. Is this information final?

The estimates we provide incorporate our best predictions of final taxable income based on information available at the time the estimate is prepared.

Most estimates will be consistent with final returns, but there is a possibility that some amounts on estimates will differ from final K-1’s.This is most frequently the case for investments in passthrough operating companies where the underlying K-1 from the portfolio company is delayed.

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