Energy Transfer LP (NYSE: ET) property type

[aolc124]

Hi, anyone know what property type is Energy Transfer LP (NYSE: ET)? I got a Schedule K-1 for ET and not sure how to enter that in Turbo tax deluxe. Help please!

[DavidD66]

Energy Transfer LP (ET) is a publicly traded limited partnership.  You would have received a Form 1065 K-1, that  you need to enter.  Type "Schedule K-1" in the search box and hit Enter.  Click on "Jump to schedule k-1".  The program will guide you through entering your K-1.

[aolc124]

Hi David,

I did do the schedule k-1 but when i did the smart check, it asked me question like what property type is this and that's where I got stuck.

[DavidD66]

What choices were you given when asked what type of property it was?

[OCX81]

Hi @DavidD66 ,

I do have the same question. The choices are listed below which is listed on "Schedule E Worksheet" of turbotax when running the Smart Check.

1. Single Family Residence
2. Multi-Family Residence
3. Vacation/Short-term
4. Commercial
5. Land
6. Royalties
7. Self-Rental
8. Other

It also has another questions for "Complete For All Rental Properties:"

1. Days rented at fair rental value
2. Days of personal use

How can I file the options? Thanks

[Critter-3]

@OCX81 

You are in the WRONG place to enter a K-1 form ....

To enter a K-1 go to 
Federal Taxes Tab ( Personal in the H&B versions )
Wages and Income
Choose Explore on my own or I'll choose what to work on  (if it comes up)
Then scroll way down to Business Items
 S-corps, Partnerships, and Trusts.  Schedules K-1, Q - Click the Start or Update button 

Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S

[OCX81]

Thanks @Critter-3,

That's why I am confused for the K-1 filing.

I went to the place you mention to add K-1 and then fill everything what I can find form K-1 document and then everything looks fine. The question I ask above is after running the Smart Check and turbotax pop up the options need to be filled. I can't just bypass the option. Do you have idea to workaround this?

[Critter-3]

Contact TurboTax support and speak directly with a TurboTax support agent concerning this situation.

See this TurboTax support FAQ for a contact link and hours of operation -https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number