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Richie105
New Member

Is there a problem with TT Premier? I created a K-1 using TT Business. Then entered the K-1 into TT Premier. The Income Summary Section under Business Items has no K-1 $.

I created a K-1 distribution using 2018 TurboTax Business and then entered it in 2018 TurboTax Premier.  All went well, except when I get to the 2018 Income Summary section, the K-1 amount does not appear under Business Items.  Is this a software issue or did I do something wrong?

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Is there a problem with TT Premier? I created a K-1 using TT Business. Then entered the K-1 into TT Premier. The Income Summary Section under Business Items has no K-1 $.

"The Income Summary Section under Business Items has no K-1 $."

That is simply the way the program is designed. The K-1 column shows $0 because the individual items of income, gain, deduction, and credit from your K-1 are allocated to the proper lines of your income tax return.

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Is there a problem with TT Premier? I created a K-1 using TT Business. Then entered the K-1 into TT Premier. The Income Summary Section under Business Items has no K-1 $.

"The Income Summary Section under Business Items has no K-1 $."

That is simply the way the program is designed. The K-1 column shows $0 because the individual items of income, gain, deduction, and credit from your K-1 are allocated to the proper lines of your income tax return.

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