I am quoting generic spec where the led drops 2 volts and consumes 20mA, not to say there will be others that have different operating parameters and inbuilt ballast resistorDid you mean 1K there? I have used LED's on 12v so often, that I don't even need to calculate it - 1K everytime.
The calculator in following link makes the task easy
I have even encountered leds in optoisolators running off 240 volts ac, voltage obviously reduced, rectified and cleaned to acceptable parameters
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