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April 18, 2023
Question

Do K-1 dollar values need to be manually entered into Schedule E?

  • April 18, 2023
  • 1 reply
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I receive passive investment income from partnerships, as well as interest and dividends from a trust.  All are reported to me on k-1s, which I have entered into TT.  The income and deductions reported on the K-1s are correctly reflected in my 1040, but the TT-generated Schedule E lists only the names and EINs of the K-1 issuers, not any of the dollar amounts.  Do I need to re-enter that information manually?

1 reply

April 18, 2023

You shoudn't enter the information again on schedule E, as that would likely result in it being double counted. It is possible that the income amounts are listed on a supplemental schedule.

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