This is a common problem. Please feel free to respond in the comment section if this fix doesn't work.
Many times a fix has been to delete the offending K-1 and re-input.
However, if you go back to the K-1 that is affected and click "edit". Click through all the pages that you already entered until you get to the page "enter Box 13 info". Make sure you didn't enter a "0" value for Code "I" related to "deductions-royalty income". Better yet, delete the line and amount and enter again, if necessary.
or
If
you delete just the Schedule K-1, it will regenerate if associated worksheets
are still in the return.
The
proper way to delete an unwanted K-1 is from the K-1 Summary screen,
which also removes the associated worksheets.
1.
Open (continue) your return in TurboTax, if it's
not already open.
2.
In your TurboTax program, search for K-1 or
K1 (you can also use lower-case) and then click the "Jump
to" link in the search results
3.
Answer Yes to Did you receive any
Schedules K-1 or Q? (even if the correct answer is "no").
4.
Click Update next to the type of K-1 you
initially entered (partnership/LLC, S corp, or estate/trust).
5.
On the K-1 Summary screen, click Delete
next to the K-1 you want to remove. Answer Yes on the following screen.
6.
Click Done.
7.
If necessary, repeat Steps 4–7 for other K-1s you
need to remove.
