I have a small K1 loss which has been a part of my return with Turbo Tax for many years. The loss will not register or calculate, nor will the form upload to forms.

[jenniepin62]

This year, the answer is that there is a glitch with K1s and I have to pay for help. Is this true? It is a simple K1 and the form won't upload either. I've had this same K1 for many years.

[PatriciaV]

Your best option is to manually enter the information from Schedule K-1. This ensures the entries are accurate and generally saves time.

As you work through the interview, look for the page "Describe the Partnership" and a box for "I have passive activity losses carried over from last year." Checking this box will allow you to enter the loss carried over from prior years, according to the type of loss.

[jenniepin62]

This makes no sense to me since there is no forms mode in the online version -- I am manually entering the amounts as asked. I wonder if you have knowledge of what the online version will do?  I already have a technical case that has been acknowledged they have to fix a glitch. I spent over an hour on the phone and with cobrowser they determined there is a technical problem.

[PatriciaV]

Here is a screenshot from TurboTax Online showing the screen where you check the box for passive activity losses from prior years. This appears during the Schedule K-1 interview after the income/box entries and before QBI.

For more help, see Where do I enter a Schedule K-1 that I received?

[jenniepin62]

I know all of this -- none of the data ends up in income or shows up.  The system is not working and your tech support verified this.  They have done cobrowser with me and seen it.