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Level 2
posted Oct 15, 2019 8:08:48 AM

When creating multiple K-1s for a single partnership, why do I have to enter information from Lines 4 - 20 for both business income and rental income?

I am reviewing what I did in April, where I did not enter the info a second time, for rental income, but now TT is demanding I enter it.  Seems like I am getting hit twice.

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1 Replies
Level 15
Oct 15, 2019 8:12:47 AM

You do not enter information from Lines 4-20 twice; only enter information from those lines once.

 

You can enter Lines 4-20 information either with the business income or rental income, but not both.