3695116
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Hi I have a K-1 with a K3 statement and multiple geographies, TT is telling me I need to enter multiple worksheets K1 worksheets - how is that down without double count

adding multiple K-1's to make a K3 schedule doesn't make sense
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
LenaH
Employee Tax Expert

Hi I have a K-1 with a K3 statement and multiple geographies, TT is telling me I need to enter multiple worksheets K1 worksheets - how is that down without double count

No, it would not double count the data. If you are using TurboTax Online, you'd input the entire K-1 for the first K-1 entry, along with Box 16/K-3. The remaining K-1 entries will only have entries for Box 16 for the K-3 data. 

 

If you are using TurboTax Desktop, you can follow the information here to generate new K-1 Worksheets in Forms mode. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question