Thanks for your answer. The ownership change was effective January 1 so basically the entire year. The issue Thanks for your answer. The issue I have with the 2021 desktop version of TurboTax is once I select the checkbox indicating there is an ownership change, I have no access to the screen to enter the percentages for profit, loss and ownership for each partner. The K-1s are then automatically populated with the percentages from the prior year and I can find no way to update them either through a screen or directly on the form. I found a work around by not clicking the ownership change. Then I can get to the screen to enter the correct percentages. I get an error message on the K-1 for the partner with 0 percent since she was not a partner for the entire year. I selected the check box that this is the final K-1 which resolved the error. However, I think there is another form that is triggered by entering an ownership change that will be missing from my tax return if I don't find some other way to work around this problem. Any suggestions?
