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Question

K1 line 12 Code S

Forum|Forum|3 years ago
February 27, 2023
1 reply
0 views

I had a K1 income last year. it seems to have carried over.

How do I zero out that line?

Thanks.

TurboTax Business Windows

If you no longer have a Schedule K-1 to report this year, you'll need to delete that Schedule K-1 from your return.

To delete it, please follow these steps:

In TurboTax, open your return
In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
On the Tools Center page, click on Delete a form
A list of forms will appear. Locate the Schedule K-1 (name of entity) and click Delete next to it.
On the next screen, click Delete Form

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