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@ThomasM125Thank you for your response. To correct your misapprehension, no, I did not make an entry in box 20 for Code E on the K-1s. That's not possible.

 

Line 20 codes are not editable on the K-1s. I can't enter, edit or remove them. Following your instructions, having opened both of the K-1s in Form view, there is no "down arrow next to the code e entry." Codes here cannot be changed, added, edited or deleted. This is as I would expect. As TurboTax explains in its "About line 20" pop-up, "This is a fully calculated form. ... The program calculates Schedule K-1 items by multiplying the related item on Schedule K by the partner's year-end profit, loss, or ownership, percentage ... ."

 

On the Schedule K (Form 1065 p4-5 in Form view), the codes are editable, much like you described with a down arrow I can use to choose various codes. But that's where the problem is. There is no superfluous Code E appearing in Schedule K on the Form 1065. There's no Code E there to edit.

 

TurboTax has created those superfluous E codes on the K-1s somehow all by itself, somewhere in the process between populating the 1065 Schedule K with the data I entered and calculating the K-1s from it.

 

I would like to know how to remove these superfluous codes.