topic K-1 TT Bug in form in Get your taxes done using TurboTax

K-1 TT Bug in form

Gary3445 — Mon, 09 Mar 2026 15:03:43 GMT

I do K-1s ever year. To complete the form I must manually add numbers to the K 1 form itself. One of the parts of that form is "partner's capital account analysis". In that section we start with last year's ending balance and arrive at a new balance going forward. To do that, you must subtract "withdrawals and distributions". This number is subtracted. This year TT is adding the number you enter and it will not accept a negative. Bug. Any fix or workaround?

Re: K-1 TT Bug in form

PatriciaV — Sat, 02 Apr 2022 15:27:26 GMT

Please clarify which version of TurboTax you are using, what type of Schedule K-1 you are entering (1065 or 1120S), and where you are entering the Capital Balance information.

Re: K-1 TT Bug in form

Gary3445 — Sat, 02 Apr 2022 16:23:59 GMT

I cant explain but as I log in this morning the form is behaving properly. Thanks. Issued resolved