PatriciaV
Expert Alumni

Business & farm

Yes, your carryovers are reported in this section of the K-1, usually page 8. TurboTax will make the appropriate entries for you, depending on how information is entered during the interview. 

 

You should not need to make any changes going forward, nor should you make other manual entries in any section of the K-1 Partner form. Instead, complete the K-1 interview using the Step-by-Step process of the TurboTax program, which is designed to capture all necessary information and complete the forms & worksheets accurately.

 

@wrc41

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