Multi-member LLC incorrectly filed as a Schedule C on the 2020 return. As part of that Sch C return I showed 1099 NEC income (completed three separate 1099 forms). To correct this I've completed my 1065 Return and generated K-1s and was finishing up amending my 1040 return. As part of the review TurboTax tells me
FYI...the amounts listed above ($2460) for the three 1099s were included in the Line 1 Gross Receipts amount on the 1065 return, however, I don't recall TT asking for my 1099 income during the 1065 return.
To clear the warning/error I thought I should go to the 1099 form and on the Box 1 section check the Other Income box. This causes TT to add those amounts to my K-1 reported income and obviously creating a tax liability! Should I just let TT remove the incomplete forms (ie don't fix the error/warning)?
Thanks
Ron
