Had a partnership in past, ( not in past 3 years) and turbo tax deluxe still calls for forms to be filled out. How do I change this status and eliminate need to report?

[IreneS · Accepted solution]

You can delete the K-1 form from your return and it should not transfer to next year's return.

You can delete the Partnership K-1 by following these steps:

1. Click on Federal Taxes > Wages & Income [In TT Self-Employed:  Personal > Personal Income > I'll choose what I work on]. 
2. Under S-corps, Partnerships, and Trusts, click on the box next to Schedule K-1.
   
3. On the Tell Us About Your Schedules K-1 screen, click the Update box next to Partnership/LLCs (Form 1065).
   
4. If the K-1 information transferred from last year, you will see the Partnership/LLC K-1 Summary.  Click Delete next to the Partnership name.

If you do not see the Partnership/LLC K-1 Summary screen, delete the K-1 using these steps:

TurboTax Online

1. While in your return, click on Tax Tools > Tools (in the black bar at the side of your screen).  
2. In the Tools Center, under Other helpful links click on Delete a form.
3. Click Delete next to K-1 Partnership and follow the onscreen instructions. 
4. Once you have finished deleting the desired form(s) click the Continue with My Return box (in the lower right of your screen).

TurboTax CD/Download

1. Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar. 
2. In the Forms in My Return list on the left, click on the form you wish to open and delete.
3. Click on the Delete Form box at the bottom of the screen.
4. To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.  

[gary_gar_57]

Thank you for your assistance.   Quick and accurate...……….