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Business & farm
I have the same error. I have two AJ entries - one for Income 51,836 and the other for deductions 19,538 both are positive on my K-1. I think I need to enter the 51,836 as a positive and the 19,538 as a negative so it totals box 2 on my K-1. But I am also getting an error message regarding gasification which this has nothing to do with the topic. TurboTax wants me to fill in on the form title Schedule K-1 Partnership Additional Information (For Boxes 4, 9c, 11, 12, 13, 15,16,17, 18 and 20) under Section Code AH to ZZ: Other Information Line 1 a Basis of gasification combined cycle property the sum of the two numbers in this case 32,298 (51,836-19,538). Please advise.
‎February 27, 2024
1:49 AM
4,009 Views