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Returning Member
posted Mar 25, 2024 9:51:40 AM

K-1 Glitch

Still attempting to resolve the K-1 glitch I described weeks ago. Today, I did an advanced clear of browser, ran C Cleaner, turned off my PC, then turned it on.

 

Removed my two K-1’s from our return. Repeated the steps above.

 

Re-signed in, ran Federal Review, then was prompted to errors in the K-1’s. The K-1

 info was still stored on Turbo-Tax though I could not see it.

 

I refilled the content for the K-1.

When I got to Box 20, I left out the code ZZ. I did not get the gasification prompts. When I added ZZ, the gasification errors popped up again the Federal Review.

 

There is no Form 3468 to remove.  

 

Help! 

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1 Replies
Expert Alumni
Apr 2, 2024 5:59:29 AM

Have you tried deleting the K-1s before you re-entered the information? A recent update should have resolved this issue, but it may not apply to an existing K-1.

 

Follow these steps:

  1. Open your return and go where you left off.
  2. In the left column, click on Tax Tools, then Tools.
  3. Click on Delete a form.
  4. When the list of forms appears, scroll down to Schedule K-1.
  5. Click Delete next to the K-1 you need to remove.
  6. Click Delete Selected Form to confirm deletion.
  7. Also check for Form 3468. If you see this form, delete it as well.
  8. Continue back to your return.
  9. Save your return and close TurboTax.
  10. Restart TurboTax and run SmartCheck to be sure the form errors have been resolved.
  11. Re-enter Schedule K-1(s).