What I am gathering is that TT business should have created two separate k-1 forms. One for the sale of the rental properties and the other for the actual rental income and expenses for the year. So far, the 1040 and Ohio taxes are not accepting the K-1 from the TT business. I am having a hard time finding a CPA who is willing to come in at this late stage especially because I've used TT for 29 years. I relied on TT. It's sad that their program cannot accept their own generated K-1 form. It doesn't seem that they care to fix it because I keep updating but nothing is working.
