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How do I get it prepared with out the K1 if I don't have a farm this year?

How do I get the program to stop asking for a K1?
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Accepted Solutions

How do I get it prepared with out the K1 if I don't have a farm this year?

The proper way to delete an unwanted K-1 is from the K-1 Summary screen, which also removes the associated worksheets.

  1. Open or continue your return in TurboTax, if you haven't already.
  2. Using the search feature in the upper right, search for K-1 and select the Jump to link in the search results.
  3. Answer Yes to Did you receive any Schedules K-1 or Q? Select this even if the correct answer is no.
  4. Select Update next to the type of K-1 you initially entered (partnership/LLC, S corp, or estate/trust).
  5. On the K-1 Summary screen, select Delete next to the K-1 you want to remove. Answer Yes on the following screen.
  6. Select Done.
  7. If necessary, repeat steps 4–7 for other K-1s you need to remove.

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2 Replies

How do I get it prepared with out the K1 if I don't have a farm this year?

The proper way to delete an unwanted K-1 is from the K-1 Summary screen, which also removes the associated worksheets.

  1. Open or continue your return in TurboTax, if you haven't already.
  2. Using the search feature in the upper right, search for K-1 and select the Jump to link in the search results.
  3. Answer Yes to Did you receive any Schedules K-1 or Q? Select this even if the correct answer is no.
  4. Select Update next to the type of K-1 you initially entered (partnership/LLC, S corp, or estate/trust).
  5. On the K-1 Summary screen, select Delete next to the K-1 you want to remove. Answer Yes on the following screen.
  6. Select Done.
  7. If necessary, repeat steps 4–7 for other K-1s you need to remove.
JohnB5677
Employee Tax Expert

How do I get it prepared with out the K1 if I don't have a farm this year?

In the event that the K-1 comes back you can use these steps to make it inactive.  This will not eliminate the K-1 from this year, but it will stop it from carrying forward in future years.

  1. Select Wages & Income
  2. Scroll to S-corps, Partnerships, and Trusts
  3. Select Schedule K-1
  4. Choose the type of K-1
    1. Partnership / LLC (Form 1065)
    2. S-Corp (Form 1120-S)
    3. Estate or Trust (Form 1041)
  5. Continue through the Interview
  6. If your K-1 was not active or was eliminated in the current tax  year, continue through the interview.
  7. Do not enter anything until you get to: Describe the Partnership
  8. Select:  This partnership ended in 2022.
  9. This will not delete the K-1 from this year's return, but it will next year.
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