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Level 3
February 12, 2021
Question

K-1 reconciliation

  • February 12, 2021
  • 1 reply
  • 0 views

I have filled out K-1s in the forms section rather than using special allocations.  I think the K-1 sections add up correctly to schedule K on the 1065.  But Turbotax keeps showing errors because the reconciliation worksheet is wrong.  Is there some way that I can have Turbotax recognize what I entered in the K-1 forms themselves and eliminate the error messages?

    1 reply

    Level 10
    February 23, 2021

    You can try deleting the Reconciliation Worksheet in Forms mode and switch back to Step by Step to repopulate it.

    Compuski1Author
    Level 3
    February 24, 2021

    Thank you.