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Get your taxes done using TurboTax
I am able to access and print the K-1 from Forms mode. But the problem is that the K-1 is blank because it doesn't have the beneficiary's percentage allocation. To sum up my problem:
1. I filed a return a 2022 (initial) return using Turbo Tax with no problem.
2. I imported 2022 return info into the 2023 (final) return.
3. There is one beneficiary and there is no place in the Beneficiary Info walk through to provide the allocation.
4. Error review shows one error - an error in the Beneficiary Lst form, but the form does not allow for correction. This is the case in Forms mode also. The Beneficiary Lst form is the only place I find where the percentage allocation can be entered.
5. I cannot file electronically, presumably because of this issue.
6. I can print and file paper, but the K1 required will be blank.
7. Is my only option to fill out the K1 manually and print it? If so, it was a poor decision to use Turbo Tax to file this return.