Error Form 1065 p4-5: Sch K, Line 20c Amt: Other items to report separately should not be directly entered in table. Please use line B1 and B2 above for Code N information

Forum|Forum|3 years ago
February 7, 2023
1 reply
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Hello,

I kept receive the message above and I don't have any business interest expense. I don't know how the tool added it on Page 4, form 1065 Schedule K under 20I.

N Business interest expense line at the bottom of the form. I tried to delete it but no luck. I right click to choose no entry but the error persists. I put 0 at B1 and B2 line but the error persists.

Help please! I just need to delete those lines in my taxes.

TurboTax Business Windows

PatriciaV

Employee

It's difficult to troubleshoot your experience in this forum. However, review all your entries to see if you recognize the dollar amount that appears under Schedule K-1 on Page 4. Did you enter any pass-through income from an investment? Did any 1099's you entered include this amount? Do you have any specially allocated items? These are a few possible sources for the entry in question.

Also, if you right-click on the amount in the form and choose "Data Source," you may be able to track down where the amount was originally entered. This may include Form 1065 p1-3 Line 15 or Form 8990.

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