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BWilson0
New Member

My Schedule K-1 is incorrectly filed as a 1099 div

I have a Schedule K-1. I input this information as such, but it is now reported as a 1099-DIV, and I can't correct it.
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1 Reply
Phillip1
New Member

My Schedule K-1 is incorrectly filed as a 1099 div

If there was dividend income reported on the K-1, the dividend income will show up in Schedule B as if it was reported on a 1099-DIV. This is referring to dividend income reported in box 6a and 6b of a Schedule K-1 for Form 1065, and 5a and 5b of a Schedule K-1 for Form 1120S.

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