The program does this to make sure you don't forget to enter information (e.g. K-1 income, expenses, credits, deductions) that you had entered in previous years.
If you think you might have this K-1 in the future, you can just enter "0"s in any fields the program asks about. It won't affect your return and the information will be saved for next time you get this K-1.
If you won't be getting this K-1 again, you can delete it (Schedule K-1 Wksheet - S-Corporation) in Forms View of your TurboTax desktop program. If using a TurboTax Online program, see: How
do I delete forms in TurboTax Online?
Sign In
