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In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
In anticipation of the upcoming Exempt Org and Texas Franchise deadlines (5/15), we've compiled a list of the most common questions here.
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- K-1 not Populating Despite Ownership % being entered
K-1 not Populating Despite Ownership % being entered
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Mduffy
Level 1
04-11-2023
06:40 AM
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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 Comments 2
IRonMaN
Level 15
04-11-2023
09:24 AM
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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!
