Worksheet asks for Partnerships name and address with state and zip code - The problem is that the partnership is located in Bermuda and there is no State or zip code - The Turbo Tax software will not let me go on without the state and zip code - What to do?????
aoakes278
Enter your own address as the address for the partnership.
The IRS has the correct address from the return that the partnership filed and the K-1 you received (and are entering) does not get transmitted to the IRS.
Thanks much - This response allowes me to complete my return with confidence -
aoakes278
@tagteam There is a software problem in the 2020 New Jersey State form that I was unable to solve with the suggested workaround. TT support suggested I start from scratch on the Federal tab by deleting the K-1 details. I have a PO Box address for the LLC in the same zip code as my residence. When I get to the state return info, the NJ worksheet G says the zip code is invalid. Trying the suggested workaround, I entered my home address for the LLC, which is in the same zip code as my residence. Did not work. I even deleted the K-1 info again and saved my revised Federal info (minus K-1) and logged off TT. Then I logged back in, created new K-1 info from the Federal tab. Running a NJ review, I get the same message about an invalid Zip Code. I also note another oddity: the software mysteriously adds the letter "i" to my first name.