345239
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

wbell_jr
New Member

How do I correct a K-1 mistake that will not let me E-file

I keep getting an error code about no income posted I have entered every number that is on my 1065

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
suszlaine
New Member

How do I correct a K-1 mistake that will not let me E-file

Sometimes, the income requested is contained in the "Statement" section of the information provided with your K-1.  Look for the K-1 Line number and any Codes such as A, B, C . . .  You may be given instructions to calculate a percentage of another amount.  The K-1 may only say STATEMENT.  If there is no value given, leave it blank.  If TTax needs an amount, but the line item is blank, enter "0".  Go to the beginning of the K-1 Update and Edit the K-1.  Make sure to enter the additional lines shown correctly.  Be patient.  Sometimes it makes no sense, but look to the Statement for the particular Line item TTax is seeking.  The instructions for corrections are not detailed enough to guide you.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question