K1 keeps prompting message "We noticed you have a K1 that has no entries. We'll need to ask you a few more questions to make sure we get this right on your return." The K1 does have entries.

[l5482]

The only options to select from this prompt is "I'll do this now" or "Let's skip this." I have repeatedly reviewed this K1 and it is correct and does indeed have entries. So, I did click "Let's skip this" and then the review never stated there was any errors. Is this something to be concerned about or do I just accept no errors and file?

[DawnC]

Click on Forms in the right hand corner.   Do you see the K-1 filled in?   If everything is there with no red exclamation marks, you can file. 

[l5482]

I am using the online version, so I cannot click on the forms icon unfortunately.

[VolvoGirl]

Did you have one last year?  It may have transferred over and is waiting for you to fill it in.

Try deleting it this way.  Go to the K-1 interview section here

Federal

Wages and Income

Then scroll way down to Business Items

Schedules K-1, Q - Click the Start or Update button

If the first screen says "Do you want to review Schedule K-1?". You have to answer YES and then click Update by  the Schedule K-1 type (LLC, S corp, trust). The next screen is the Summary screen listing all of the K-1 entered for that type of entity.  You can review, edit or delete it there.

One user found he had to add a fake name first.....

I figured out that I had to actually start fixing this problem by entering a fake K-1 name to the TurboTax request and then going back to the "Update the Schedule K-1" and deleting the fake K-1 name.  

[l5482]

I did not have one last year. Unfortunately I have pressed yes and update several times and there is nothing different I need to enter. I did try making changes to the name temporarily as well but that didn't work either. The only thing is if I select "skip this" and go to the review, there is no errors. So I do not know if it is ok to file. I mean the info in the K1 is correct so, I don't understand why the software keeps prompting this loop:(

[ShirlynW]

Inadvertently you have created a K-1. Please follow these steps to delete the K-1.

Online

1. Open TurboTax.
2. In the panel on the left side, select "Tax Tools" > Tools.
3. Delete a form.
4. Delete Form K-1.
5. Delete K-1 Worksheets ( if applicable)
6. Sign out of TurboTax.
7. Open TurboTax > Continue.

To delete a form using TurboTax Desktop, here are the steps.

1. Open TurboTax.
2. Continue.
3. In the upper right select "Forms."

     4.  On the left under "Forms in My Return," scroll until you see Form K-1.

     5.  Select Form K-1. In the bottom left corner, select "Delete Form."

6.  Return to Step by Step.

@15482

[Wisconsin-Ken]

For 2024 we had closed down our Graphic Editing business and no longer were receiving a Schedule K-1 because our partner had shut their end down prior to 2023 and we did not use a K-1 last year either. However, after completing Federal entries in 2024 TurboTax the Review showed we had an incomplete Schedule K-1 that needed information filled in. I looked at Forms but there was no K-1 to delete. If I continued and ran a new Review the K-1 was flagged as an error again. Finally I went back to the "Your 2024 Income Summary" section and paged down to the "Business Investment and Estate/Trust Income". The Schedule K-1 and Schedule Q were dark and showed $0. I was puzzled as to why it kept flagging the need to complete a K-1 until I clicked on the blue "Visit All" button. I needed to answer "No" when asked if I received a Schedule K-1. That fixed the problem.