@mellynlee The information about your capital account (i.e., Capital contributed...) isn't used by TT. Its just for your records. So the K-1 isn't affecting your taxes in any way, which is why you can delete it. Next year, it will probably have more information in it, and you'll enter it then.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
