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.
01247
1 Replies
Anonymous_
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.