You may be able to delete the K-1 schedule by following these directions:
1. Choose the Tax Tools option on your left menu bar
2. Choose Tools
3. Choose the Delete a form option under Other Helpful links
4. Look for the K-1 schedule in the list of forms and delete it
If that doesn't work, you will need to go into the Wages and Income area, look for Business Investment and Estate/Trust Income. Under that menu, you will find Schedule K-1. Click on that option and you should see the company associated with the errant schedule K-1 listed. You will see a delete option you can use to remove the entry from your tax return.
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