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Get your taxes done using TurboTax
Thank you for this clarification.
Now I'm also getting a request to fill in 'Qualified coop payments', and I have no clue what that is either.
"Qualified coop payments should not be more than the Total gross receipts or sales plus Other income reported in Part 1."
When I enter "0", I still get an error.
I really can't tell if " "passthrough" means it's being passed through to me, the partner, and "not passthrough to the partnership from another entity".
Per this comment: "If that Section 199A "Statement A" doesn't list amounts for more than one entity (e.g., your "main" partnership and another "passthrough entity") you may not need to "split" the K-1".
I don't see anything on my Statement A other than my name as the Partner and the Partnership Name. I'm pretty sure that there's no other entity, so my guess would be that it's a passthrough to me, the partner. If this is the case, and I don't need to split it, do I just delete the other K-1 for now and how can I get this to a point where I can actually file? This is making me think I need to file an extension.
I have the Home and Business TurboTax version, is there any option to speak to a live person to help me with this?