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If I enter K-1 info into separate forms in turbo tax where the business has ordinary income, rental income, and royalties, do all the numbers get repeated each time?
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posted
May 5, 2021
9:43 AM
last updated
May 05, 2021
9:43 AM
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If I enter K-1 info into separate forms in turbo tax where the business has ordinary income, rental income, and royalties, do all the numbers get repeated each time?
You need to make a separate entry for each type of income. You should not enter the same income or other amounts from the K-1 more than once. So, don't duplicate any number entries on the different K-1's that you input into TurboTax.
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May 5, 2021
2:57 PM
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