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Get your taxes done using TurboTax
Please verify in the federal return that you entered your k-1s under the partnership k-1 screen and not that of the S corporation k-1 screen.
The Schedule K-1 of a trust/estate, partnership, s corporation, each have a schedule k-1 used to report specific information of each owner of the entity.
The entities have a different type of formation and information gathered to be reported onto the k-1s specific to the entity type.
March 7, 2021
5:21 PM