The K-1 has always been populated in years past when I've used Turbo Tax, but not so this year. I don't know what I've missed in the Q & A used to fill out forms, but clearly I've missed something. All ideas welcome.
You'll need to sign in or create an account to connect with an expert.
"What should I check to correct K-1?"
You can go back through the Distributions section and ensure that you actually made a distribution, and also try entering the appropriate figures for Percentages and Distribution amounts (see first screenshot).
Enter forms mode and ensure that sections A and B are populated in the Beneficiary's Allocation Smart Worksheet (see second screenshot) and, if not, enter the appropriate figures in those sections. After doing so, you should definitely see Part III of the K-1 populate.
"What should I check to correct K-1?"
You can go back through the Distributions section and ensure that you actually made a distribution, and also try entering the appropriate figures for Percentages and Distribution amounts (see first screenshot).
Enter forms mode and ensure that sections A and B are populated in the Beneficiary's Allocation Smart Worksheet (see second screenshot) and, if not, enter the appropriate figures in those sections. After doing so, you should definitely see Part III of the K-1 populate.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
anon30
Level 3
helloTT102
New Member
mrshankly01
New Member
igpx330176
Level 1
emnem
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.