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I have a 1065 with two partners. Program insists that I enter info for a third. Will not let me delete. Shares add to 100%

pkellycpa
Level 5
How do I delete an excess K1 input screen?
Only two partners, diagnostics wants three
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3 Comments 3
Jim-from-Ohio
Level 11

the way you have to do it is very confusing.  I just had this issue the other day.  Here is a link concerning it but even the link can be difficult to follow:

https://accountants.intuit.com/support/en-us/help-article/file-management/adding-removing-partners-s...

 

pkellycpa
Level 5

Went to K1 screen cleared all data

Went to forms list, found untitled K1 and deleted it. 

dsocpa
Level 7

Had the exact same issue with an S Corp K-1 last year there were 4 shareholders.  By year-end only 2 as the 2 remaining bought-out the other two.  I was able to eventually fix and e-file.  I don't remember how I did it but now IT"S BACK.

Why is this still an issue!

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