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maddogmarsh
Returning Member

How do I change the % owned in The K-1 form??

How (or where) do I changed the % on K-1 form? My partner has left the business.

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1 Reply
KarenM90
Intuit Alumni

How do I change the % owned in The K-1 form??

If you are using TurboTax Business choose Partner Information from the menu at the top,  to get to the Summary.  

 

Choose Edit next to the name you want to change and follow the on-screen prompts.  

 

Please see the two screenshots below.  On the 2nd screen that will come up, TurboTax asks (at the bottom of the screen )  if the partner left the partnership this year:

 

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