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Importing K-1s

burchfieldcpas
Level 2

Why can't I import K-1s from 1065's into 

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6 Comments 6
dkh
Level 15

Into where?  

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burchfieldcpas
Level 2

I am unable to import K-1's from Forms 1065 and 1120S into individual 1040 accounts.

The tax identification numbers are correct.  

I have done this many times in the last 10+ years.

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dkh
Level 15

I was successful in importing K1s from 1065 into 1040   

I was NOT successful importing K1s from 1120S to 1040  HOWEVER  I have no information in the 1120S yet.

Are you current on program updates?

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Bhaumik
Level 1

I can't import S Corp K-1s to Individual. It says no K-1 is available, but I do see that there is a file in the Shared folder waiting to be imported. I contacted Lacerte support and they could not figure out what is causing the issue.

I would think that someone knows or at least KBA available to refer to from Lacerte.

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abctax55
Level 15

@Bhaumik - are you asking about Lacerte?  This thread is a PS one; completely different software than Lacerte.

HumanKind... Be Both
abctax55
Level 15

https://proconnect.intuit.com/community/import-or-export-data-files/help/exporting-importing-schedul...

Sometimes:

1) start over - deleting the info in the 1040 module, then try again.

2) Just KP the K-1 directly

HumanKind... Be Both