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Line K on K-1
This is the second year this has happened to me, both 2022 and 2023 Turbo Tax for Business. I'm finished with all of my entries but then I get an error message saying "Sch K Reconciliation Report (Lines K-1 K3 Items L Net Inc): Blah Blah Blah .... in summary it says that I don't have anything in Line K for the partner share of Liabilities Beginning and Ending. It shows me a screen, which I cannot edit, and there is no place to put the Beginning and Ending Liabilities for each partner. Why can't Turbo Tax correct this feature? Looks like I'll have to return the program again this year.
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‎January 29, 2024
3:47 PM