Errors on K-1

The return wants info on royalty income but the K-1 does not indicate any royalty income. Also requires on info for disposition of partnership Box 20 L (form 1065) but the K-1 has Z in box 20 and there has been no disposition. I cannot submit taxes or override these incorrect requests

447

Level 8

Apr 19, 2022 6:12:47 AM

I am assuming there was no other documents such as a 1099 which may have erroneously entered royalty income, such as a 1099. If that is not the case, then I would suggest deleting the K-1 and manually entering. I know it is tedious but it may the quickest solution.

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Errors on K-1