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Kenna
Returning Member

K-1 form 1065 Previously Disallowed QBI

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

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4 Replies
DianeC958
Expert Alumni

K-1 form 1065 Previously Disallowed QBI

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.

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K-1 form 1065 Previously Disallowed QBI

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

K-1 form 1065 Previously Disallowed QBI

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.

DavidS127
Expert Alumni

K-1 form 1065 Previously Disallowed QBI

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

 

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