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Question re K-1 form Line 13 - (Form 1120S
Line 13 info from K-1 entered into (1120S) Form indicates an entry of "A" ... which Turbo Tax shows as "Reserved"...
However, the letter "A" turns red on a yellow highlighted background when entered into TurboTax.
Any suggestions or solutions, please?
Thanks!
posted
3 weeks ago
last updated
September 09, 2023
8:36 AM
2 Replies
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Question re K-1 form Line 13 - (Form 1120S
See https://www.irs.gov/instructions/i1120s#en_US_2021_publink100079446
You might want to contact the issue of your K-1.
3 weeks ago
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Question re K-1 form Line 13 - (Form 1120S
if there is no amount on 13A it just may be that this is zero in which case just delete the A. there shouldn't be an amount. If there is the K-1 is faulty and the preparer needs to prepare and submit amended k-1's to the amount appears on a valid line.
3 weeks ago
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