I have a rental home owned in a multi-member LLC. 2024 was the first year of business. I am using Turbotax Business 2024. As I read the directions for IRS Form 1065 they state that for a rental activity no inputs should be made on page 1 of Form 1065, that they should all appear on Schedule K. Yet, I have inputs showing up on page 1, specifically lines 16a, 16c, 21, 22, 23, and 32. Please clarify this for me. Thank you.
