I have entered both rental real estate income and business income in 2 separate forms on Turbotax. I have done it exactly as Turbotax requested per the community support. In the real estate K-1 on Turbotax, the rental income box is red (error) and Turbotax says this schedule is not done. But I can't figure out why the error exists. How do I make the error go away?
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you did enter only line 1 on one k-1 and only line 2 on the second k-1?
yes, in the first k-1 I did line 1 plus all of the other lines with information. In the 2nd k-1 I just put the amount in Line 2 and didn't fill out any other lines except for the info in part 1 (Name, address, etc). The name I gave it ended with "(net real estate income)"
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