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k-1 input not recognized

I entered info from the k-1 but then TurboxTax gives me the message and says that "I see you had a k-1 last year but didn't enter one this year.  Do you want to delete the k-1?"  I say no and then get "do you want to work on it now?"  I say yes but the info is already there.  Turbotax does not seem to recognize the information input for the k-1.  None of it is showing up in our return.

I am using Deluxe desktop same as in prior years.

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4 Replies
MelindaS1
Employee Tax Expert

k-1 input not recognized

To clear this error, you can say yes to "Do you want to delete the K-1" and then re-enter all the information from scratch. This will not cause tax return issues to delete the old record from your TurboTax save data, and then re-enter it anew. 

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k-1 input not recognized

Thanks for the reply but it seems like a lot more work for me for something that is obviously a Turbotax program error.

k-1 input not recognized

Is this something Turbotax is working on fixing?

 

PatriciaV
Employee Tax Expert

k-1 input not recognized

Please clarify if by "all information," you mean that you had previously completed the entries for this Schedule K-1. Or did TurboTax bring over the header information but not the actual numbers for the current year?

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