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New Member
posted Apr 18, 2023 4:17:26 PM

Do K-1 dollar values need to be manually entered into Schedule E?

I receive passive investment income from partnerships, as well as interest and dividends from a trust.  All are reported to me on k-1s, which I have entered into TT.  The income and deductions reported on the K-1s are correctly reflected in my 1040, but the TT-generated Schedule E lists only the names and EINs of the K-1 issuers, not any of the dollar amounts.  Do I need to re-enter that information manually?

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1 Replies
Expert Alumni
Apr 18, 2023 4:35:30 PM

You shoudn't enter the information again on schedule E, as that would likely result in it being double counted. It is possible that the income amounts are listed on a supplemental schedule.