Final Schedule K-1's on Final Form 1065

[AbcxyzTT]

In TurboTax Business 2019, is selecting the "Final 1065" option enough to mark the "Final K-1" boxes of all respective K-1's?  

In my early experience with TurboTax Business 2019, in looked like the "Final K-1" box was only marked *if* you select that the "partner left the company this year," and then you have no option to enter partnership percentages.  So, you have to set up all partners like they are continuing, add their GP check mark, domestic partner check mark, percentages, THEN go back in to edit the partner and mark that they left the company.  

How should I be indicating final Schedule K-1's on a Final 1065?

[Anonymous_ · Accepted solution]

If you check the "Yes" circle in "About Your Business' (see screenshot), then all K-1s will be marked as final.

[RF63]

This information is almost helpful.  I need to designate this as my final year, but I can't get to the page shown in Turbotax Business 2019.  After completing the Confirm Your Business Information screen, even selecting Yes for Has an Ownership Change... I select Continue and the interview just takes me back to ask the same questions again.  It appears I'm stuck in a loop and I never get to the summary page shown in this post.  Note: I'm attempting to amend my 2019 form 1065.

[Anonymous_]

@RF63 You might want to try contacting Support for your issue at this point.

https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632