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I own a single member S corp. I am also a 50% partnership in a partnership. I'm uncertain to record the K-1 data from the partnership on my S corp 1120s. The k-1 only has a net loss on line 1 for this year.
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You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.
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Thank you. I'm actually trying to complete the 1120s for my sister's tax return 1120s.
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"I'm actually trying to complete the 1120s for my sister's tax return 1120s"
Which program?
You’ve come to a Peer User community for Intuit Income Tax Preparation products supporting tax preparation professionals using ProSeries, Proconnect and Lacerte Tax Preparation programs, and you may be looking for support as an individual taxpayer using TurboTax. Please visit the TurboTax Help site for support.
And try this screen, for the various topics (subforums): https://ttlc.intuit.com/community/discussions/discussion/03/302
Your sign in user info here is the same one you can use over at the TurboTax forum.
Thanks.
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