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April 2, 2024
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Negative numbers in Schedule K-1 Box 11 Code A are flagged as error

  • April 2, 2024
  • 1 reply
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Negative numbers in Schedule K-1 Box 11 Code A line 4 or 5 are flagged as error and line 6 adds it as a positive number.  If the negative number is on line 4, it does appear correctly on Schedule E page 2.  I have to override Box 11 Code A line 6 to display the negative number correctly and then the error is no longer flagged.
Best answer by unohu

When I started TTax it installed an update, and it now works correctly.  Thanks.

1 reply

PatriciaV
April 4, 2024

If the total is entered for Schedule K-1 Box 11 Code A, the individual entries on the K-1 Additional Information sheet will not create a form error. Totals should not be overridden - this invalidates the TurboTax Accuracy Guarantee and may prevent you from e-filing your return.

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unohuAuthorAnswer
April 4, 2024

When I started TTax it installed an update, and it now works correctly.  Thanks.