fadum
New Member

For MFJ where wife has Schedule C income, TurboTax Premier requires non-involved husband to make 3 entries on Sch K-1 (Fms 1065 & 1120S)? How do I clear those errors?

Despite indicating in interview that the wife owns the business and received a Form 1099-MISC, the Review says 3 entries must be made for the husband:  Form 1065 Line B (Partnership Name), Form 1065 Line G (General or Limited Partner), and Form 1120S Line B (S Corp Name).