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Business & farm
I guess I am really confused now. I understand that there should be a separate K-1 entry in Turbotax for each of Lines 1, 2 and 3, but what I was wondering is if you should fill out the Form 1065 Part II information (all of the capital stuff, etc.) again for each additional Turbotax K-1 entry?
(BTW: It seems that after all of these years, Intuit would spend just a little bit of R&D time on this K-1 module to flesh out the instructions and the walk-through).
‎July 10, 2020
12:55 PM