jkfmsi
Level 3

We've noticed that when printing K-1's, the sheet that explains the box codes does not print in 2020.  Is there a new setting to get this to print? We cannot seem to find it. Thanks!

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Accountant-Man
Level 12

It is called "page 2." Do you have the box checked on the Info Worksheet to prevent page 2?

** I'm still a champion... of the world! Even without The Lounge.
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jgassler
Level 3

See the instructions.  IRS no longer includes a list of codes as page 2.  the program automatically puts NO in this option.  I haven't looked, but the help says the list is available as part of the partner instructions.

denise
Level 2

On the Information Worksheet, same worksheet you entered the partnership name, address, ID #, scroll down to Part IV, Partner Printing Options  Include page 2 of Schedules K-1 code descriptions and mark the box

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msmith7305
Level 7

That option is no longer available. In 2020 the IRS does not provide a Code page 2.

That's why the box you refer to is automatically marked "No" and can not be changed.

Codes now included in separate K-1 instructions.

This is also true for 1120S K-1s.

It is available for 1041 K-1s.

Go figure.

 

 

 

 

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