Disregarded Entity with K-1s

[thetaxdoctor]

There is a disregarded entity that has ownership in different partnerships and receives 2 K-1s. I thought initially that we would create a separate return for the disregarded entity input the K-1s and take the resulting K-1 for the disregarded entity and input that on the individual's personal tax return.

Or do we simply add the numbers for the 2 K-1s that the disregarded entity owns and put that on the individuals person return. The individual has control over the disregarded entity.

[IRonMaN]

Just enter the K-1s on the individual's 1040.

[TaxGuyBill]

The K-1s are supposed to be issued to the OWNER of the Disregarded Entity (and the owner's ID number).  They should not be issued to the name and ID number of the Disregarded Entity.  Try to get that fixed for next year.