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K-1 for S Corp not ready fo file message Proseries basic

elpala
Level 2

As per Intuit forms list, K-1 form for S-Corp is ready to print and file. But I'm receiving a message in my Proseries that the K-1 is not ready to file until 2/16/2023. Does anyone have this issue?

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1 Solution

Accepted Solutions
taxshack
Level 5

Correct.  Forms not being finalized is different from other errors.  You can't turn off the error checking and file anyway if a form isn't finalized.  The software will just block you every time.

Preparing taxes is not my life, but my life is amazing because I prepare taxes.

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16 Comments 16
jjames94
Level 1

Same problem! 

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TaxGuyBill
Level 15

Out of curiosity, why are you wondering if other people have that issue? Do you think that other people's version of ProSeries Basic will allow it before 2/16/2023?

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elpala
Level 2

The question is because when I checked the Intuit Current Status of all Forms, I saw that the K-1 Scorp is ready for Print and File. So, I can think this message should be an error in my program. I just wanted to confirm that the problem is not only mine. 

thanks for share and have a blessed day

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TaxGuyBill
Level 15

That makes sense.

I guess I would just wait a week.  Or if you really want to try, you could disable error-checking and try to file it now and see what happens.

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taxshack
Level 5

In my software, PS Professional, the forms were final on the corporate side, but the worksheets on the personal side are the ones that won't be ready until 2/16. 

Preparing taxes is not my life, but my life is amazing because I prepare taxes.
elpala
Level 2

Why not? we never know what happens when one tries something new. that is the source of the creation

thanks for the tip and your time

blessed day

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garman22
Level 13
Level 13

Same on professional. K-1 states 02/16 date. My people are aware and await for my ok. 

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elpala
Level 2

Good morning German22 and thanks for your time and your answer

have a blessed day

garman22
Level 13
Level 13

And to you as well. 

 

Good luck to your season!!

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IRonMaN
Level 15

Thank you German😉


Slava Ukraini!
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elpala
Level 2

Good afternoon I tried to efile a personal tax return with a K-1 error and Proseries doesn't let me know to e-filing. it return the message you need to wait for 2/16/23 :-(( 

It is what it is

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taxshack
Level 5

Correct.  Forms not being finalized is different from other errors.  You can't turn off the error checking and file anyway if a form isn't finalized.  The software will just block you every time.

Preparing taxes is not my life, but my life is amazing because I prepare taxes.
elpala
Level 2

Good afternoon Taxshack: That's why I said "It is what it is". Thanks for your answer and your time

have a blessed day

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elpala
Level 2

Hi Taxshack: I have the Proseries professional version and for 1040 form, there is a message that 1120 S K-1 is not release until Feb 21? Do you have the same issue? thanks and have a blessed day

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taxshack
Level 5

I do.  So unfortunately we just have to wait a couple more days.  Hopefully it doesn't change again.

Preparing taxes is not my life, but my life is amazing because I prepare taxes.
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elpala
Level 2

Taxshack thanks for you answer and your time

Have a blessed day

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