ericstone_1999
Level 1
 
0 Cheers
sjrcpa
Level 15

A partnership can't be an S Corporation shareholder, so that's probably why the software doesn't have a place for S Corp K-1s.


The more I know the more I don’t know.
dascpa
Level 12

An S corporation cannot have a partnership as a stockholder.  It is most likely that the S corporation election has been nullified by them admitting a disallowed entity.  Please dig further into this situation before proceeding.