JoannaB2
Expert Alumni

Investors & landlords

Yes.  If no royalty income received in 2020, go back to the form and check the K-1 entries, delete any zeros, and leave the line blank.  If your done, you may do a federal review to check for any other error's:

  1. In Tax Home Screen, click Federal.
  2. Jump to Federal Review.
  3. Under Federal review, it will display the error/s on your federal income tax.
  4. Click each review, it should take you to the line that had error/s.
  5. Once fixed, go back to Federal Review to check if it's ready to e-file.