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State tax filing error because of K1

Forum|Forum|4 years ago
March 21, 2022
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Upon review, I receive 1 error as follows: "Federal Schedules K-1 cannot be used to prepare electronically filed returns (unless it is a publicly traded partnership) these rules are set by the Pennsylvania Department of Revenue. My K-1 is from a publicly traded partnership. So how can I override the rejection and e-file?

Best answer by DMarkM1

Revisit the K1 form entry topic in the federal "Income" tab. Click through the questions to arrive at a page titled "Describe the Partnership." Select "This is a Publicly Traded Partnership" and continue through the interview topic and click "Done" at the K1 summary page. That should clear the error and allow the e-file.

DMarkM1Answer

Revisit the K1 form entry topic in the federal "Income" tab. Click through the questions to arrive at a page titled "Describe the Partnership." Select "This is a Publicly Traded Partnership" and continue through the interview topic and click "Done" at the K1 summary page. That should clear the error and allow the e-file.

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