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June 4, 2019
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I entered income on a K-1 schedule form 1041. But in my summary it displays $0. That doesn't seem correct. Is there a problem with the K-1 1041 calculations?

  • June 4, 2019
  • 1 reply
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Best answer by Anonymous_

"Is there a problem with the K-1 1041 calculations?"

No. The program distributes the entries you make from your K-1 throughout lines on the various forms on your return, as necessary; the K-1 summary column always shows "$0".

1 reply

Employee
June 4, 2019

"Is there a problem with the K-1 1041 calculations?"

No. The program distributes the entries you make from your K-1 throughout lines on the various forms on your return, as necessary; the K-1 summary column always shows "$0".