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Trouble amending return to include K-1

I received a K-1 unexpectedly after filing.  I have entered the data from the K-1, and have encountered problems:  the first was I needed to add a second K-1 for box 16 lines F and M and removed those from the first K-1( I think, and did so); the second is now I am getting the error message:   " Box 16 Description-1 has been entered for more than one type of income.  Use separate K-1 worksheets to report more than one type of foreign gross income sourced at the entity level."                       I thought this is what I fixed?  There was a nice answer to a nearly identical question that indicated that one needs to click a check box to "elect to forego completion of form 1116" since there was not any foreign tax paid;  however, that is not an option, it seems, in TT Online Premium.  I've tried adjusting the amount from box 16 line b to remove the amount included on the second K-1, but that wasn't the solution.   How do I fix this?  Do I need to just get the paper forms and fill them out? 

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2 Replies
Carl
Level 15

Trouble amending return to include K-1

You left out one key piece of information. What kind of K-1 did you receive? The box/line numbers of the diferent types of K-1's do not match up, so this matters. Was it a 1065-K1? 1120-S K-1? 1120 K-1? 1041 K-1?  It would also help to know what boxes on your K-1 have numbers/codes in them that you are entering (or trying to enter) into the program. For any codes please share the code too, as that can really matter.

 

Trouble amending return to include K-1

Thank you Carl.  I actually did figure it out; I deleted both K-1s and started over, and it went through without a hitch then.  TT really could use some clearer and more extensive explanation for entering K1s (Such as,  Be more clear about when a second one is needed, what needs to be on both K-1s, what can be skipped on the second,  what needs to be on the second, and so forth).

It was a 1065, BTW.

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