I have entered a partnership/LLC (form 1065) K-1 and an S corporation (form 1120S) K-1 in TurboTax Desktop Premium version.
At every point on the entry screens, the correct name of the partnership or 1120-S is reported.
On the IRS Form 8995, I am seeing two lines for the partnership K-1 and the correct names, EIN's and dollar amounts are reported but that partnership reported both box 1 and box 2 income. I had expected to see both lines of income reported on the form.
Is CompanyName1 also reporting box 1 and box 2 income on your tax return?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
