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Level 1
April 11, 2023
Question

K-1 not Populating Despite Ownership % being entered

  • April 11, 2023
  • 2 replies
  • 9 views

Last week I had my S-corp return complete and ready for review - no errors.  I went into the return yesterday to make a minor change and now I have 15 errors related to the K-1.  Basically all the data is entered (ownership %'s), but it is not flowing to the K-1.  I have a pdf of the return last week where everything has populated.  Is this a software error where an update is needed?  What is the work around?  I have tried everything, but I am I now running out of days.  This makes no sense.  Please advise if anyone has a resolution or known fix.

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2 replies

dkh
Level 15
April 11, 2023

Have you tried updating the program ?   

 Is it possible you didn't save the return when you exited after working on it last week? 

IRonMaN
Level 15
April 11, 2023

I had a similar issue the other day.  I went into the sch K-1 wks form and re-entered the ownership percentages and it cleared up the 9 million errors that had popped up.

Slava Ukraini!