On Form K-1 from CPA, the info on those lines doe match up to the info pre-entered on Turbo Tax. Example, Line 11 from CPA is Section 179 Deduction and on Turbo Tax, it is line 12. Line 12 on CPA's is Other Deductions. Can't figure out how to move them around because the info doesn't match.
You'll need to sign in or create an account to connect with an expert.
Make sure you selected the correct type of K-1.
It appears as if you received a K-1 from an S corporation but then selected a K-1 for a partnership/LLC in TurboTax.
Thank you!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17704362606
New Member
Eszee88
Returning Member
jimmyjackpaul
New Member
tinkytinks
New Member
Xkiry
New Member