Question

Why is my Schedule k-1 for 2021 showing 2020?

Forum|Forum|4 years ago
February 17, 2022
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TurboTax Premier Online

Employee

If you are looking at the summary screen in TurboTax, the column labels are being updated. See this FAQ, it references the labels on the Home Office Deduction, but the issue is the same for the K-1 summary screens. To verify your 2021 K-1 income is on your 2021 tax return (it is), please preview your Form 1040. You should see your K-1 income included in Line 8. If you scroll down to the Schedule 1, you will see the income on Line 5.

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