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Level 2
posted Mar 26, 2024 4:04:24 PM

Why TT would ask questions during SmartCheck on property address and type in "Schedule E worksheet" when that information is not on K1 (form 1065)?

I do not own any property. Deleted and re-entered K1 information multiple times but no change.

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1 Best answer
Expert Alumni
Mar 27, 2024 11:54:39 AM

If you do not have a rental, and there is no rental income on your K-1, did you try to delete the Schedule E?

 

  • For TurboTax Desktop, switch to Forms (Upper right corner) 
    To Delete a Form  using TurboTax Online:
    Select Tax Tools on the left side-bar
    Select Tools from that drop-down
    Select “Delete a form” on the TOOLS CENTER screen
    Select Schedule E and Delete 
     

 

 

6 Replies
Expert Alumni
Mar 26, 2024 4:29:51 PM

To clarify, does the K-1 report rental income in Box 2? 

Level 2
Mar 26, 2024 7:00:18 PM

No, there is nothing in box 2 or 3. Box 10, net section 1231 gain(loss) has -21.

Expert Alumni
Mar 27, 2024 7:29:22 AM

Please clarify if the SmartCheck error mentions Schedule K-1 or only offers a Schedule E worksheet.

Level 2
Mar 27, 2024 11:46:57 AM

Smart Check goes directly to Schedule E Worksheet, and wants me to fill the information on property address, zip code, Days personal use, and property description. All the errors or the information requested are in Schedule E worksheet only. I spent close to 3 hours on the phone with TT telephone assistance, but no resolution.

Expert Alumni
Mar 27, 2024 11:54:39 AM

If you do not have a rental, and there is no rental income on your K-1, did you try to delete the Schedule E?

 

  • For TurboTax Desktop, switch to Forms (Upper right corner) 
    To Delete a Form  using TurboTax Online:
    Select Tax Tools on the left side-bar
    Select Tools from that drop-down
    Select “Delete a form” on the TOOLS CENTER screen
    Select Schedule E and Delete 
     

 

 

Level 2
Mar 27, 2024 4:51:38 PM

Thanks. That solved my issue. No problem with Smart Check. Appreciate your help.