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What can i do to file electronically when software tells me that royalties and rental income must be reported separately on schedule e, but i have no royalties

 
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1 Reply
RobertB4444
Expert Alumni

What can i do to file electronically when software tells me that royalties and rental income must be reported separately on schedule e, but i have no royalties

If you receive a K1 from a business (form1120-S) or partnership (form 1065) and it has income in both box 1 and box 2 then you need to create a second K-1 and put the amount from either box 1 or box 2 on that K-1.  Then you can enter all of the rest of the numbers from the K-1 onto the form where they go.

 

@zakhariy_ratner 

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