K1 data entry screens not available
Certain fields in the K1 data entry screens aren't available depending on the
Type of entity
selected on the K1 screen in the K1 1065, 1120S folder. If a field doesn't apply to the entity type, the field isn't available. Common examples include: guaranteed payments, net earnings from self-employment, and medical insurance fields. These fields aren't available if you select code 2, S corporation
for Type of entity
.All fields in the PBasis1 and PBasis2 screens aren't available for S corporation K1. All fields on the SBasis1 and SBasis2 screens aren't available for a partnership K1.