On Form K-1 from CPA, the info on those lines doe match up to the info pre-entered on Turbo Tax

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.

282

Level 15

Mar 19, 2021 8:46:44 AM

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.

Returning Member

Mar 19, 2021 10:41:07 AM

Thank you!

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On Form K-1 from CPA, the info on those lines doe match up to the info pre-entered on Turbo Tax