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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
Don't I need to pass this onto my partners? I'm working on a Form 1065.
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posted
August 17, 2023
1:31 PM
last updated
August 17, 2023
1:31 PM
6 Replies
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
Enter Forms Mode and check the box shown in the screenshot below on the K-1 (1065) received.
August 17, 2023
1:40 PM
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
OMG! Thank you so much!!!!!!
August 17, 2023
1:46 PM
382
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
wait--but you just check the box and then you still have to do manual forms? i thought the K-3 forms are available in Turbotax now. I'm working on a 1065 that has an investment where we got a K-1 which has a K-3 attached. I have 4 partners in my company that i'm doing the 1065 for. i need their portion of what's on the k-3 i got for each of the 4 partners correct? Do i have to do all of this manually??? Thanks!
August 17, 2023
2:13 PM
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
@vlm1 wrote:
Do i have to do all of this manually???
Yes. Unfortunately, your scenario requires manual entry.
August 17, 2023
2:22 PM
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
yuck! thanks!
August 17, 2023
2:27 PM
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Why doesn't my version (Turbotax Business 2022) not have Box 16 option to click when entering K-1 info that has a K-3 included with it?
Once we select the box for k-3 is attached, where do we enter the data?
September 14, 2023
1:13 PM
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