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powskier7
New Member

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

It should show last year's info 2020 and this year 2021. Not sure if just on screen glitch and if filing will be for accurate years?
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8 Replies
PatriciaV
Employee Tax Expert

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

Thank you for bringing this to our attention for our tech support to address. In the meantime, ignore the headers and enter your information as "last year" and "this year." The calculations will be correct.

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powskier7
New Member

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

I figured that was likely the case. Thank you so much for confirming. I really appreciate it. Thanks!

psyp
Returning Member

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

I did this 8 times.  This does not work.   Turbo Tax, Please fix this!

PatriciaV
Employee Tax Expert

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

@psyp Please clarify what action you have repeated that does not work.

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psyp
Returning Member

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

I manually put the correct information on the state K-1 line 11 B and C because the error said the info does not transfer from the federal.  I compared with previous returns and did it the same way.  TT does not allow me to e file.  Things just go in a loop, " we need to run error check again because we require additional information we didn't need earlier" 

PatriciaV
Employee Tax Expert

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

Please clarify what state return are you trying to e-file. Is the error coming from the review of the State return?

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psyp
Returning Member

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

California form 568 for 2021 year.  The error comes on the state return. The federal form 1065 is filed and already accepted.

PatriciaV
Employee Tax Expert

I am entering my K1 information but Turbotax has 2019 as last year and 2020 as this year. This is for 2021 taxes. Looks like format glitch, who can correct this?

Schedule K-1 (568), Partnership's Member's Share of Income, Deductions, Credits is available to print in TurboTax 2021, but is unsupported for e-file. (See: California Individual Forms Availability) This is likely the cause of the experience you are seeing. You will need to print and mail your California State Return.

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