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rdissly
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On an LLC partnership return for 2019. The liabilities show up as recource and they should be non- recource. How do I fix in turbo tax?

 
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On an LLC partnership return for 2019. The liabilities show up as recource and they should be non- recource. How do I fix in turbo tax?

"How do I fix in turbo tax?"

 

It appears as if you may need to adjust your balance sheet (Schedule L).

 

Click the Federal Taxes tab and then the Balance Sheet button. 

 

Did you, by any chance, transfer in a 2018, Form 1065, income tax return (e.g., *.tax2018 file)?

 

 

 

 

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