Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Mar 2, 2020 7:27:33 PM

K-1 form 1065 Previously Disallowed QBI

It's "0" for this entry, however, it gets error during the review.

0 4 703
4 Replies
Expert Alumni
Mar 3, 2020 7:11:02 AM

If you put a 0 in the program please go back through the K-1 and remove it.

 

If you still receive an error message then delete the K-1 and enter the information again for any boxes that do not have an amount just leave them blank.

New Member
Mar 4, 2020 12:31:14 PM

Unfortunately this did not fix my problem.  Will there be a software fix?  

Level 1
Mar 9, 2020 7:20:26 PM

I'm waiting for the same fix.  Everything is ready to go except for that.  It's been weeks and I keep reading that the fix is on its way.

Expert Alumni
Mar 13, 2020 6:25:05 AM

The issue with the Form 1065 Sch. K-1 "previously disallowed QBI" should be resolved by TurboTax updates since 3/10/2020.  Please update your TurboTax (Online>>Check for Updates) to see if your issue is resolved.

 

@Kenna

@bethohrenschall

@lediram