I have a similar problem. I have investments in four publicly traded LLC's and have received K1's from each of them with Box 16 checked, but with no K3's attach...
Well Alicia, that's all well and good. My question is - why does the TT software fail to explain what the immediate fix is when it flags the error and prevents ...
None that I know of. It simply flags an error and says it will be addressed in a future issue. If the temporary fix is to uncheck box 16 on the K1 and file an a...
I believe it is a Turbo Tax issue caused by the late publication by the IRS of K2 and K3 instructions. At this moment Turbo Tax is incapable of handling the K3 ...