MFJ K-1 TXT file first time imports

[VMRennell]

MFJ importing K-1 TXT files the first time. The K-1' imported files assign the first persons Name, SSN but are actually for the 2nd person. Should I manually correct these? Will it matter in the future if no longer filing MFJ?

Not sure investing in these dividend stocks from partnerships is going to be worth dealing with this :(

[LeticiaF1]

Yes, you will need to review the K-1 forms you imported and manually correct anything that is incorrect.  If in the future you are not filing MFJ, you only need to import your Schedule K-1 and not your spouse's.  

Where do I enter a Schedule K-1 that I received?

[VMRennell · Accepted solution]

OK, I guess TT just uses the first person on the tax return for the K-1 information. I can manually update the name and SSN so it matches the issued form.  Thank you!