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June 6, 2019
Question

Unable to complete Sch K-1 Wks-Partnership Sch E worksheet link for #7 RoyaltiesIt tells me to double-click to link royalties to Sch. E Worksheet, but fails to do so

  • June 6, 2019
  • 4 replies
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4 replies

Employee
June 6, 2019

This is a common problem. Please feel free to respond in the comment section if this fix doesn't work.

Many times a fix has been to delete the offending K-1 and re-input. 

However, if you go back to the K-1 that is affected and click "edit".  Click through all the pages that you already entered until you get to the page "enter Box 13 info".  Make sure you didn't enter a "0" value for Code "I" related to "deductions-royalty income".  Better yet, delete the line and amount and enter again, if necessary.

or

If you delete just the Schedule K-1, it will regenerate if associated worksheets are still in the return.

The proper way to delete an unwanted K-1 is from the K-1 Summary screen, which also removes the associated worksheets.

1.       Open (continue) your return in TurboTax, if it's not already open.

2.       In your TurboTax program, search for K-1 or K1 (you can also use lower-case) and then click the "Jump to" link in the search results

3.       Answer Yes to Did you receive any Schedules K-1 or Q? (even if the correct answer is "no").

4.       Click Update next to the type of K-1 you initially entered (partnership/LLC, S corp, or estate/trust).

5.       On the K-1 Summary screen, click Delete next to the K-1 you want to remove. Answer Yes on the following screen.

6.       Click Done.

7.       If necessary, repeat Steps 4–7 for other K-1s you need to remove.


 

June 6, 2019
This worked.  Thanks a lot.  I went to box 13 and removed the entry for Code I, and that took care of it.
February 22, 2020

I followed the suggestion on this because I kept getting an error of having to manually calculate my QBI. I am really not technical with this kind of thing but the solution was to delete the K-1 Forms off federal return re-add them and then select the checkbox that my investment was 100% at risk. Although our business is small and there was no investment into it as it is service based. Hope this helps someone else.

May 15, 2021

Line 4 -Royalties received - will not let me enter "0" . keeps giving me an error.  Have re-enter the complete K-1 twice.  Please help.

Employee
May 16, 2021

Leave it blank. You do not need to enter zero. 

 

One thing to note is that if you have values in boxes 1 or 2 on the same K-1, you cannot enter that information in the same Schedule K-1 in TurboTax. You have to split it into 2 or even more K-1s. That's what is possibly giving you an error. 

 

@rearmstrong

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April 19, 2022

Thanks for the tips and fixes. Less than 2 hours left to file and you guys saved the day because the support people over the phone are awful. I called 3 times and their only advice was to search the help function in the upper right hand corner.

October 9, 2022

I actually have DEDUCTION - ROYALTY INCOME on my K-1 LINE 13I. I have tried deleting the K-1 and re-entering it but I still get the above error. Any suggestions?

 

Thanks