K1 keeps prompting message "We noticed you have a K1 that has no entries. We'll need to ask you a few more questions to make sure we get this right on your return." The K1 does have entries.

Forum|Forum|3 years ago
April 18, 2023
1 reply
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The only options to select from this prompt is "I'll do this now" or "Let's skip this." I have repeatedly reviewed this K1 and it is correct and does indeed have entries. So, I did click "Let's skip this" and then the review never stated there was any errors. Is this something to be concerned about or do I just accept no errors and file?

DawnC

Employee

Click on Forms in the right hand corner. Do you see the K-1 filled in? If everything is there with no red exclamation marks, you can file.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

l5482Author

I am using the online version, so I cannot click on the forms icon unfortunately.

VolvoGirl

Employee

Did you have one last year? It may have transferred over and is waiting for you to fill it in.

Try deleting it this way. Go to the K-1 interview section here

Federal

Wages and Income

Then scroll way down to Business Items

Schedules K-1, Q - Click the Start or Update button

If the first screen says "Do you want to review Schedule K-1?". You have to answer YES and then click Update by the Schedule K-1 type (LLC, S corp, trust). The next screen is the Summary screen listing all of the K-1 entered for that type of entity. You can review, edit or delete it there.

One user found he had to add a fake name first.....

I figured out that I had to actually start fixing this problem by entering a fake K-1 name to the TurboTax request and then going back to the "Update the Schedule K-1" and deleting the fake K-1 name.