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Level 2
posted Mar 22, 2024 4:35:28 PM

Schedule K-1 Box 13R Pensions and IRAs

I've loaded the information from the K-1 box 13R so it shows elective deferrals to an individual 401k from Sch K-1 but it keeps coming back asking me to enter elective deferrals. to an individual 401k.  The error message is

Keorgh/Sep/SIMPLE Contribution Worksheet Line 6a.  See pic below.

 

 

 

 

 

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1 Replies
Level 15
Mar 22, 2024 8:08:37 PM

This is a known bug in 2023 TurboTax that has yet to be corrected.  A workaround is described here:

 

https://ttlc.intuit.com/community/retirement/discussion/keogh-sep-and-simple-contribution-sheet-not-working-correctly/00/3267907