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?
You'll need to sign in or create an account to connect with an expert.
"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.
"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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