turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

hazlebeck
Returning Member

K-1 Entries

In filling out a second K-1 input due to two sources of income from same investment, is it necessary to input all of the data from the K-1 a second time?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

K-1 Entries


@hazlebeck wrote:

In filling out a second K-1 input due to two sources of income from same investment, is it necessary to input all of the data from the K-1 a second time?


No, do not enter the other data a second time as that will cause duplication. Simply enter the one figure on the line from the "second K-1" in the program.

View solution in original post

1 Reply

K-1 Entries


@hazlebeck wrote:

In filling out a second K-1 input due to two sources of income from same investment, is it necessary to input all of the data from the K-1 a second time?


No, do not enter the other data a second time as that will cause duplication. Simply enter the one figure on the line from the "second K-1" in the program.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question