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Level 2
June 5, 2019
Solved

TurboTax 2017 does not prompt me for the following K-1 info : beginning and ending share of capital and capital opening and ending balances. Why did prev. vers. ask ?

  • June 5, 2019
  • 1 reply
  • 15 views

For Turbo Tax 2017 , The software does not prompt me for the following K-1 info : beginning and ending share of capital and capital opening and ending balances.  

(these are all items listed in "about the partner" on the K-1)

Why did previous versions of Turbo Tax ask me for this information, but it is no longer being asked ?  Is this OK ?  

Best answer by CherylW

Enter your K-1 input section again.  It asks for your capital information on the screen in the below screenshot.

1 reply

CherylWAnswer
Level 11
June 5, 2019

Enter your K-1 input section again.  It asks for your capital information on the screen in the below screenshot.

Zink0Author
Level 2
June 5, 2019
ok, thank you.  I did see that.  So, I guess that its a bug in the program that one is not prompted the first time?