Skip to main content
April 15, 2023
Question

Auto-Fill Not Working for K-1

  • April 15, 2023
  • 1 reply
  • 0 views

I was working on my K-1 form (Form 1120-S) for a farm S-corporation.  We have passive loss carryovers from last year.

 

When I first went though the form, TurboTax autofilled many of the boxes.  But, I realized I made a mistake, so I deleted the form, and tried to start over.

 

Now, when I get to the passive loss carryover section, TurboTax is not autofilling these boxes.  How can I get it to autofill again?

1 reply

AliciaP1
April 18, 2023

You can't.  You'll need to review your loss carryover worksheet from your 2021 taxes to get your carryover amounts.  If the farm income qualifies as QBI, you will also need to review your Form 8995 line 16 or 17 for that loss carryover.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"