616611
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

What do I do if a Schedule K-1 has a 16U listed and there is no 16U on the blank form?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

What do I do if a Schedule K-1 has a 16U listed and there is no 16U on the blank form?

  • After entering box 1 or 2 or 3 of your Schedule K-1 form 1065, click Continue
  • The next screen asks you to check boxes that have an amount (see attached screenshot)
  • You should check box 16 and click Continue
  • On the next down choose code U in the drop-down menu and enter the amount
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MinhT
Expert Alumni

What do I do if a Schedule K-1 has a 16U listed and there is no 16U on the blank form?

  • After entering box 1 or 2 or 3 of your Schedule K-1 form 1065, click Continue
  • The next screen asks you to check boxes that have an amount (see attached screenshot)
  • You should check box 16 and click Continue
  • On the next down choose code U in the drop-down menu and enter the amount
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question