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completing Schedule K-1 in tax return
I have a Schedule K-1 where it has entry on Box 1, 2, and 3. In addition to those, it also has entry on many other boxes. TurboTax said that I need to enter Box 1, Box 2, and Box 3 each in a new Schedule K-1 input.
My question is... do I need to repeatedly inputting the rest of the information (in Box 4, 5, 6...., 20) 3 times as well? Or should I (can I) just enter it once while with Box 1?
August 2, 2021
2:09 AM
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Get your taxes done using TurboTax
@E wrote:My question is... do I need to repeatedly inputting the rest of the information (in Box 4, 5, 6...., 20) 3 times as well? Or should I (can I) just enter it once while with Box 1?
Just enter the figures in the other boxes once; do not enter them each time you enter the figures from the other two boxes.
August 2, 2021
7:15 AM
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