M-MTax
Level 15

Get your taxes done using TurboTax

Also, take a look at Schedule B, Line 4 of your 1065. If you satisfy those conditions, then you are not required to complete item L on your K-1s.

 

Point being is TurboTax Business defaults to those conditions based on the figures you input and if satisifed, item L will be blank, HOWEVER, that's where the box I referred to comes in; if you check it the program will print the figures you entered in Item L on the K-1s.

 

So, enter Forms Mode and look for it. The box should be somewhere on the 1065, the K-1s, or one of the worksheets associated with the 1065 or K-1.