Cannot create K-1's for an estate...

Forum|Forum|6 years ago
January 31, 2020
2 replies
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Using Turbo Tax Business 2019, click on Distribute K-1's and Turbo Tax responds with "Your Schedule K1 forms are not ready yet. Please add partner/shareholder information to your return". I have all beneficiaries listed, and it is an estate...

TurboTax Business Windows

Best answer by Anonymous_

You can go to the K-1 forms and print/save as PDF the K1 distribution form.
The Distribute K-1's has a bug that they just won't admit is there.

@johnlanglois wrote:
The Distribute K-1's has a bug that they just won't admit is there.

If it is a bug, I certainly cannot reproduce the results and that includes four different test (Form 1041) returns.

I can save the PDFs without issue and also my PDF software opens immediately after I click the Print button (which obviously allows me to print the K-1s).

Anonymous_

Employee

Can you provide more details? I cannot seem to reproduce your issue.

Do you not see the Save as PDF and Print buttons when you click on Distribute K-1s?

ABC134

Same issue here. Created a state and federal return for a trust. E-filed it. Can't create K1. Clicked the button to create the K1. An error message comes up:"To generate schedule K1 PDFs please add partner/shareholder information to your return". The only button there is "OK", which just takes me to the previous screen.

Anonymous_

Employee

Are you able to otherwise print out all of your forms? Can you save as a PDF in subsequent screens?

I have now created two test returns for trusts and one test return for an estate (obviously all are 1041s) and I cannot reproduce the issue.

kathleentaxgirl123

Hi, I have had the same issue. I found I can force print the K-1s by doing the following:

While in the program, go to View, then Forms, find the K-1 you need and click on it from the list of forms that appear on the left of the screen. Hit the Print button that appears, then Preview Print Copy. Once it appears in the .pdf format, use whatever printer function you need. You will need to do this for each Federal and State K-1 that is needed and will need to attach them to the return and mail the return. I am a long time user, not a TurboTax customer service person, so this is my workaround.

Hope it works for you.