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K-1 1120S Disposition of shares error
When trying to complete my personal tax return that has a Schedule K-1 1120S Form, there is an error that pops up and it says I need to fill out Part II of the Additional Information. It’s the section that says “Disposition of S Corporation Shares.” The problem is, there was no disposition of S corporation shares. There is nothing listed on box 17 of the K-1, which is why this worksheet is generated, I think. There is something for Box 17 Code V, but that is it. I feel like this is an error that it is asking for this information, and I don’t know how to get past it. Any ideas?
March 27, 2020
1:01 PM