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Can you be more specific? Which form (or which screen in the TurboTax program) are you referring to?
By "part 11" do you mean "Part II"? Further, where are you seeing "1a"?
I am having the same problem. This is for a K-1 Part II Line 1A. I did not dispose of any shares, but the program is checking the box.
Part II of an S-corporation K-1 schedule doesn't have any numeric lines on it as follows:
Sorry, to be more specific, it is saying Sch K-1 Wks-s Part II line 1a
I am having the same issue. How did you resolve it?
If you are working on a Form 1120S in TurboTax Business, go to Business Info>>About Your Business>>Has an Ownership Change and check the entries there.
If you have an S Corp Schedule K-1 for you Form 1040 preparation, go to the interview questions and check to make sure the box is not checked for "this S Corp ended in 2019".
I am having the same problem, for my 2021 tax return. The program will not let me file the 1040 Fed tax return unless I do check the K-1 Part II Line 1A box. But, I did not dispose of any shares.
I did go to business section of 1040 and under business info, found program has automatically selected "sold business in Year___. I unchecked box and if fixed problem. Thank you.
Per the answer below: "business section of 1040 and under business info", where is this section? I just spent an hour looking through all of the forms and did not find this box. @HSS
Thanks
It depends if you're using TurboTax Desktop or TurboTax Online.
To find the screen in TurboTax Online please follow these steps:
To find the screen in TurboTax Desktop please follow these steps:
@jeffisk
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