2022 TurboTax Business Generating Blank K-1 Forms

[Walk_the_walk]

All the numeric fields in our trust's K-1 form are BLANK!  Not "0", just completely blank.  Our address and other info at the upper left is there, but that's all!  Wow.

Background: We just finished our FY 2022 1041 Form for our trust.  We started to eFile and stopped when we realized the software, which showed Zero errors on review, had generated a K-1 form with all blank numeric fields! 

I've used TT Business since 2014. Never had this happen.

To be clear, my trust brokerage account earned both interest and dividends.

Blank fields means literally no numbers whatsoever in any of the K-1 form fields.  If there were a zero here and there, like in the interest and dividends fields,  I'd at least know the software calculated something.

I dont trust the software did its job correctly.

BTW, we installed the March 9, 2023 most recent update today.  Also, this is NOT the final year of our trust, nor did we check the final year box.

*****

As a final comment, I can't believe they still havent added a 1099 IMPORT feature for major brokerages.  It's infuriating to me that after years of complaints, this feature found in TT Premier, is still NOT included in 2022 TurboTax Business.

Any help is greatly appreciated!

[Anonymous_ · Accepted solution]

Did you make a distribution in the Distributions section of the program?

If so, enter Forms Mode and open your K-1s. Look, specifically, in the Beneficiary's Allocation Smart Worksheet section. You should see either a percentage to the right of "B" or a dollar amount to the right of "A".

[Walk_the_walk]

Thanks, Tagteam.  It was the Distributions Interview question.  My wonderful wife said "None" or No, when it should've been "Yes" and 100% goes solely to me, as its my trust and I'm the sole benificiary.

That said, once we fixed that, the software created a new batch of headaches, including a very buggy eFile security question page that would've stumped the President of the Mensa Club.

I will post seperately about that.

I also edited out my OP, and removed all references to this being a bug. As Pogo once said, "We have found the enemy, and he is us."