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Business & farm
You may wish to review the relevant forms using Forms Mode in TurboTax Business.
- Open your return and click the Forms icon in the TurboTax header.
- In the list of Forms in My Return on the left, scroll down and look for Form 1065 p1-4.
- Click the form name to open it in the large window.
- Scroll down to Schedule B Line 33 to confirm there is a check in the "Yes" box.
- Use the QuickZoom button under Line 33 to open Sch K-1 Wks. This form as an embedded scroll bar to move between partners (or use page-down).
- Confirm that there is a check in the box for "Check to include partner in Schedule B-2," as applicable.
- Use the QuickZoom button on Form 1065 under Line 33 to open Schedule B-2.
- Confirm that all eligible partners are listed correctly.
- Click Step-by-Step in the header to return to the main screens.
- Now run SmartCheck again to see if the error has been resolved.
Note that if a form has a red exclamation point next to the name or a field appears in pink, there is an error on that form. Click the Errors icon above the forms list to open a message box below the form. The error message will give you more information about the issue that needs to be resolved.
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