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January 25, 2021
Question

I don't have a k-1 trust but it keeps telling me I can't file until form is generated by IRS Anyone have this issue and can you help me answer this question??

  • January 25, 2021
  • 1 reply
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1 reply

KathrynG3
January 25, 2021

It is possible that this section could have been started while navigating through your program if you read about it and then decided it did not apply. 

 

It is important to delete the Schedule K-1 and all related worksheets. Always start from the K-1 Summary screen.

 

To do this in TurboTax, follow these steps summarized here:

  1. Search for K-1 and select the Jump to link in the search results.
  2. Answer Yes to Did you receive any Schedules K-1 or Q? Select this even if the correct answer is no.
  3. Select Update next to the type of K-1 you initially entered (partnership/LLC, S corp, or estate/trust).
  4. On the K-1 Summary screen, select Delete next to the K-1 you want to remove. Answer Yes on the following screen.
  5. Select Done.

For your reference, if you are curious, here is more information about when you would receive Schedule K-1 for a Trust.

 

@paulkoster