524292
You'll need to sign in or create an account to connect with an expert.
Go to the K-1 section:
1. Click Federal on the left-hand side menu.
2. Click Income & Expenses across the top.
3. Scroll down to S-corps, Partnerships, and Trusts and click Show more.
4. Click Start or Update by Schedule K-1.
Click Edit next to the K-1 you need to edit.Click Continue (at least 5 times) till you get to the screen below.
There is "no Screen below"
If this is S-Corp (1120S), when you select edit next to the K1,the third screen will allow you to put in your percentage of ownership. and will populate in part 11 of your K1.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
speakmanstacy
New Member
Torpedo101
New Member
Ronit
New Member
dgurreri
New Member
dgurreri
New Member