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Level 2
February 28, 2021
Question

1065 K-1 page 2 showing NonPass in Error

  • February 28, 2021
  • 1 reply
  • 9 views

Anybody have a problem with page 2 of 1065 K-1 showing "NonPass" under Box 2, Rental Real Estate Activities when the 8825 entry screen does NOT have the "Property is not a passive activitiy" box checked.  I made no changes from last year and 2019's K-1 shows Passive as should be - but 2020's K-1 is showing NonPass which is incorrect.

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1 reply

George4Tacks
Level 15
February 28, 2021

Look at Screen 17 > General Information > 1st check box - maybe it was somehow ticked?

Answers are easy. Questions are hard!
Level 2
February 28, 2021

No, it wasn't ticked.  I even ticked it and unticked it with no change.  I checked another 1065 client and not having this issue, so it has to be something entered, ticked or not entered or not ticked in this particular client that's making this happen.