I have no K-1 this year but TT tells me I failed to enter K-1 data. What is going on?

jblande — Thu, 06 Jun 2019 14:01:42 GMT

If I don't have K-1 why am I being told I have an error for failing to enter Sub S company name, data?

The program does this to make sure you don't forget to en...

ToddL — Thu, 06 Jun 2019 14:01:43 GMT

The program does this to make sure you don't forget to enter information (e.g. K-1 income, expenses, credits, deductions) that you had entered in previous years.

If you think you might have this K-1 in the future, you can just enter "0"s in any fields the program asks about. It won't affect your return and the information will be saved for next time you get this K-1.

If you won't be getting this K-1 again, you can delete it (Schedule K-1 Wksheet - S-Corporation) in Forms View of your TurboTax desktop program. If using a TurboTax Online program, see: How do I delete forms in TurboTax Online?

topic I have no K-1 this year but TT tells me I failed to enter K-1 data. What is going on? in Get your taxes done using TurboTax

I have no K-1 this year but TT tells me I failed to enter K-1 data. What is going on?

The program does this to make sure you don't forget to en...