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Getting message I have a K-1 that has no entries.

Forum|Forum|6 years ago
April 11, 2020
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I have just finished entering all the required information for both K-1's. When I try to move to the next screen I get a message " We noticed you have a K-1 that has no entries." I have repeatedly reviewed each K-1 to make sure all spaces are filled out but this does not correct the problem. I am filing for a LLC where my wife and I are partners. Do you have any suggestions which will allow me to move forward? What can I do which will allow the software to accept the changes?

TurboTax Self Employed Online

Best answer by DeanM15

I would check to see if you have a duplicate K1 form that carried over from last year. Check the K1 section first to see if you have any extra K1 entries.

If there are only the two K1s in the K1 section, try moving to Delete a Form.

In the left-hand black menu, choose Tax Tools then Tools.
Click on Delete a Form from the window that pops up.
You should now see the Review Form List. Scroll down the list and see how many K1 forms you have. If you have more than 2, delete the extra K1.
You may get a pop up telling you additional worksheets and forms are being deleted. Approve and click delete.
You should come back to the Review Form List. Scroll to the bottom and click Continue with My Return.

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DeanM15Answer

I would check to see if you have a duplicate K1 form that carried over from last year. Check the K1 section first to see if you have any extra K1 entries.

If there are only the two K1s in the K1 section, try moving to Delete a Form.

In the left-hand black menu, choose Tax Tools then Tools.
Click on Delete a Form from the window that pops up.
You should now see the Review Form List. Scroll down the list and see how many K1 forms you have. If you have more than 2, delete the extra K1.
You may get a pop up telling you additional worksheets and forms are being deleted. Approve and click delete.
You should come back to the Review Form List. Scroll to the bottom and click Continue with My Return.

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Maurice3Author

Hello DeanM15,

Thank you for taking the time to provide an answer to the error message that suggested I had duplicate K1's. I followed your advice and reviewed Form List but I only found I had 2 K1's and not three. I was hoping there were three and I could delete one which would correct the problem. Would you have any other suggestions to correct this error? I have not been able to move past the finished screen because the error message says I have empty spaces in my K1's which I can not find.

Thanks again for reviewing this problem.