Fix wrong amounts on Schedule K-2 and K-3
If the Schedule K-2 or Schedule K-3 are wrong, check these areas.
- If an item output is missing,
- Check if you suppressed that part or section on Organizer.
- Make sure the item allocations and amounts are right.
- Check if the part of the form applies,
- Schedule K-2: Go toTax Forms,Schedule K-2,Page 1,Line C
- Schedule K-3: Go toTax Forms,Schedule K-3,Page 1,Line E.
- If the amounts are wrong or missing,
- Check e-file diagnostics.
- Fully compute the return.
- Make sure theACTIVATE SCHEDULES K-2 AND K-3 for 1065 returnscheckbox is marked on the Organizer.
- Check the Print Options and Additional Options on the Organizer.
- If only the Schedule K-3 is wrong,:
- SelectOrganizer, thenPartner Allocations (Disabled or Enabled)and make sure bothEnable partner allocationsandEnable Schedule K-3 partner if NOT using Direct K-1 Import for Schedule K-3are marked. If not, mark both and fully compute.noteDon't use this step if you are using Direct K-1 Import for Schedule K-3.
- Make sure the special allocations are right.
