Business & farm

Hi tmn140.  I see on your partnership statement, the UBIA (Unadjusted Basis Immediately after Acquisition) was $30, but you entered $9.  This is one obvious error.  Also, we don't see a screenprint of the so-called error the review generated.  Do you have multiple K1s, or just one?  Do you have any blank K1s or additional unfinished K1s floating around in your return?  If you have only 1 K1 and continue to get this error, there may be some junk data floating around in your tax return.  Delete your K1 (or all K1s) and re-enter.  It doesn't take long.  If you have multiple K1s from different businesses (or multiple K1s for the same business), delete them all, and re-enter.  Lastly, create a new return and re-enter all of your data.  Somehow, you've managed to trash out your return.  If you can't manage this on your own or with calls to TurboTax, you will need to hire a professional tax preparer.