I am using Turbotax business on my desktop. My partnership has three partners. I enter that data for each and it says total doesn't equal 100% but it does. I have deleted the members and re-entered but continue to get the same notice. I see that the program is only listing the data for one of the partners and the others have blank sheets after name and address. The program said I could fix it later but when I got to check for errors it again tells me the same thing and to go back to the K1 forms to set it up correctly. The percentages definitely add up to 100 and it is showing profit/loss only for one partner. How do I fix this?
I would suggest going into the actual forms section to see if the program has actually completed forms (or provided erroneous data on the form) for the partners. Today, I was finishing my business return and kept getting error checks on forms which the program generated, and I didn't. I had to review and then delete these forms, in order to complete my return.
Thank you for the suggestion. I have been to the forms and two of the partner sheets are blank. It doesn't let me fill in the percentage data on those. When I go back to the beginning of the program the information I had put in is still there and correct. It still says not 100% If there is a way to activate using a page from "forms" , I need to know that if you could help.
Have you tried deleting the forms with no data in the forms section and reentering the data on your return? I have had to do this in the past. Also, if you run an error check and these forms come up with no data entered, you should be able to enter the correct data on the forms in the error check.
I found how to edit the page from form and this issue is resolved.
Thank you
Im having the same problem the end of year percentages do go through good but the before change percentages keep staying zeros if you could please let me know how you were able to edit the numbers that would be amazing thanks in advance.
You can check this using Forms Mode in TurboTax Business.