turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

exclusiverei
Returning Member

How do I remove Gross non farm income on form 1065 page 4 schedule K line 14c

I am trying to complete form 1065 and have everything complete but I have nogross farm in come showing on page 4 line 14c.  I am not sure how to get this out of here.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

How do I remove Gross non farm income on form 1065 page 4 schedule K line 14c


@exclusiverei wrote:

I am trying to complete form 1065 and have everything complete but I have nogross farm in come showing on page 4 line 14c.  I am not sure how to get this out of here.


Have you read the instructions for Form 1065 (see the link below)?

 

https://www.irs.gov/instructions/i1065#idm140538035309888

 

Why do you believe the figure should not be there?

How do I remove Gross non farm income on form 1065 page 4 schedule K line 14c

I have read the IRS rules and this figure should not be here. I only have gross sales as income for our buisness. It is basically entering our income twice.

Irene2805
Expert Alumni

How do I remove Gross non farm income on form 1065 page 4 schedule K line 14c

The figure on page 4 schedule K line 14c comes from line 8, pg 1 (Total Income) of the 1065.

 

Box 14 gives a description of the income entered in box 1 -- it does not enter the income twice.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies