You may be able to delete the K-1 schedule by following these directions:
1. Choose the Tax Tools option on your left menu bar
2. Choose Tools
3. Choose the Delete a form option under Other Helpful links
4. Look for the K-1 schedule in the list of forms and delete it
If that doesn't work, you will need to go into the Wages and Income area, look for Business Investment and Estate/Trust Income. Under that menu, you will find Schedule K-1. Click on that option and you should see the company associated with the errant schedule K-1 listed. You will see a delete option you can use to remove the entry from your tax return.
Under wages and income for the “business” it asks if I have any income. I answered no. It shows $0 income, but when I try to submit my return it comes back asking for a K1 even though I answered no. If I go into review/edit business income there isn’t a way to delete that section away. UNLESS I pay for the full “business” package that I don’t need.
Please clarify if you followed ThomasM125's instructions to delete Schedule K-1 from the forms in your return. Usually this will eliminate the SmartCheck form error.
I do not see anywhere to delete a K1. It is not in the Tools at the top left nor is delete available on the summary screen when i try to update the information
@sunrise1234 wrote:
I do not see anywhere to delete a K1. It is not in the Tools at the top left nor is delete available on the summary screen when i try to update the information
Click on the down arrow for Tax Tools for the Tools link to be available -