It will be easier to cancel the Federal Review and go back to enter the information from the K-1.
To do this please follow these steps:
- Click on Federal >
Wages & Income
- In the S-Corps,
Partnerships, and Trusts section click on the box next to Schedule
K-1.
- Click Yes
on the next screen, Did you receive any Schedules K-1?
- On the Tell Us
About Your Schedules K-1 screen. Click on the Start/Update
box next to Estates or trusts (Form 1041).
- If you have already
entered K-1 information, you will see a Summary screen. Click
Add Another K-1 to enter your information (or
click on Edit to continue with the existing form entry).
- If you haven't
started entering K-1 information, continue through the screens, entering
the requested information.
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