I have a deceased member on the Partnership LLC. When creating the K-1 Turbotax is not using a zero percentage for end of year. The Pennsylvania State K-1 shows the 0% but the Federal K-1 does not. Is this a software bug?
posted
March 9, 20225:08 PM
last updated
March 09, 20225:08 PM
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I am assuming the surviving partner's federal K-1's have been adjusted accordingly. If their percentage equals 100% on the Federal K-1's, then there is not an issue.