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March 10, 2025
Question

Why would my K-1 have codes and no value on line 17 and 20?

  • March 10, 2025
  • 1 reply
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This is my first year with a LLC partnership. After completing for the 1065 my K-1 is showing errors on my personal taxes. Why?

    1 reply

    March 10, 2025

    The codes would reference information that is reported on supplemental worksheets or notes that are attached to the K-1 schedule. The supplemental information will list the amounts. You would have to be more specific as to what the error messages are saying for us to help you more.

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