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Where do you input the % from the k1 , Part II, J?

 
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3 Replies

Where do you input the % from the k1 , Part II, J?

Go to the K-1 section:

1.  Click Federal on the left-hand side menu.

2.  Click Income & Expenses across the top.

3.  Scroll down to S-corps, Partnerships, and Trusts and click Show more.

4.  Click Start or Update by Schedule K-1.

Click Edit next to the K-1 you need to edit.

Click Continue (at least 5 times) till you get to the screen below.

djacobsen2
Returning Member

Where do you input the % from the k1 , Part II, J?

There is "no Screen below"  

 

DaveF1006
Expert Alumni

Where do you input the % from the k1 , Part II, J?

If this is S-Corp (1120S), when you select edit next to the K1,the third screen will allow you to put in your percentage of ownership. and will populate in part 11 of your K1.

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