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Returning Member
posted Mar 8, 2020 10:47:06 AM

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?

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1 Best answer
Level 15
Mar 8, 2020 10:52:06 AM

@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.

1 Replies
Level 15
Mar 8, 2020 10:52:06 AM

@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.