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dking661
New Member

My K-1 shows ZERO entered on some lines of the K-1. My question is does that amount get reported or should I leave it blank when asked what boxes have amounts in them?

 
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1 Reply
Cindy0H
New Member

My K-1 shows ZERO entered on some lines of the K-1. My question is does that amount get reported or should I leave it blank when asked what boxes have amounts in them?

Leave them blank. If you enter a zero in TurboTax, the software will view the zero as a positive amount. To resolve this issue, please leave the boxes blank if they do not apply.

And for a general rule, in TurboTax, do not enter a zero unless the software requests you to enter a zero.  

If you have other questions about this, ask in the comment section below.

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