Re: When i enter my Schedule K-1 it does not show up in my income column

When i enter my Schedule K-1 it does not show up in my income column

posted

The TurboTax program disperses the figures you enter from your K-1 throughout the proper form or forms in your return.

It is perfectly normal to see "$0" in the income column next to your K-1.

Assuming that you are entering an S-corp K-1, at the screen Enter Income or Loss from Box 1, have you entered a number there?

Does your K-1 report a number in box 1 of the K-1? Or some other number?

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When i enter my Schedule K-1 it does not show up in my income column