Question
Final K-1 Partnership - IRA/SEP/KEOGH
When inputting information on K-1 page in Pro Series, when I checked box I2, I received error message from Pro Series indicating since the partnership return indicated that this return was a IRA/Sep/Keogh Plan as indicated on line I1, that this Form should not be entered on clients individual income tax return.
OK, what happens to all the supplemental information attached on K-1 Part III side of the form indicating entries in boxes 1 to 22 where income/loss/deductions entries should be entered on as well as supplemental K-1 information page 2. Seems no direct reference to K-1 if I place entries on 1040.
This partnership was dissolved in 2020.
Thanks for Reply
