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hgagnon73
New Member

Schedule K is not showing up in my business income

I have entered my information in the schedule K-1  section for LLC  I enter the numbers and when I am done nothing is changed on my business income section.. It shows 0 it should be a negative number.  I see lasts years and this year for some reason it is not taking the info from the question and answer section over to the actual form. 

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1 Reply
PatriciaV
Employee Tax Expert

Schedule K is not showing up in my business income

You might check your actual tax return to confirm the income is being reported. See these instructions: How do I preview my 1040?

 

This process also shows Schedule 1. Your K-1 income should appear on Line 5.

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