- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why is Turbo Tax asking for my S Corp name when I enter K1 info from my Non S corp LLC
My wife and I are 50/50 owners in a multi member LLC. I completed the tax return with Turbo Tax Business and issued two K1's. I now have entered the K1's into our personal return and after entering the fields and hitting the next button TT wants my S Corp name and address. I am not an S Corp. and do not want to be taxed as one.
Where is this field triggered and why?
My business info is correct in the setup fields and TT says to copy it from there but my LLC is not an S Corp.
TIA
Mike
March 8, 2024
2:35 PM