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Level 2
posted Feb 28, 2020 12:40:21 PM

Schedule K-1 Entry into TurboTax

I am entering information from a Schedule K-1 (Form 1065) into TurboTax.  I have been prompted to enter the information in the boxes in Part III of the K-1, but how do I enter the information from Part II into TurboTax, such as the Beginning and Ending Capital Account numbers, Capital contributed during the year, etc?  

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1 Replies
Level 15
Feb 28, 2020 12:53:19 PM

When you proceed through the K-1 data entry screens click the "No" button when asked if the information was the same as last year. You do NOT have to change anything but, for some reason, answering "No" will bring up the screens you want.