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Business & farm
It does not give an error message. It is the generated K1 for my wife and I. My K1 is correct, My wife's K1 is missing information. The LLC is a pass through, taxed as a partnership. We are husband and wife. It is all listed as 50/50. All of the information is correct except for line 14 of my wifes K1. It should have listed the income as self-employment income. It did not. It split everything 50/50 as it should. I am in process of amending the LLC return and not happy about it. I am pretty sure it is a glitch in the program.
March 17, 2022
9:21 AM