k-1 import

[grandmabee]

I was going to try the new k-1 import. the 1065 is complete and marked complete. I open the 1040 return and go to import k-1 data and it pops up no k-1 matching the ein or ss number. Am I doing something wrong

[rfassett]

Something wrong, because mine have been working like clock work. I have done at least five today. I do not mark my returns complete so that might be an issue although I wouldn't know why.

[Maribeth]

Just did a K-1 import and it went slicker than snot. The corporate return is not marked complete so maybe that is the reason your import is not going.

[grandmabee]

do you only have the 1040 return open? I tried with both returns open and still no import and with only 1040 open. I think I will try with the 1065 not marked complete

[Maribeth]

Had the S-corp return closed but not marked complete. Made changes to the S-corp this morning, closed the S-corp, opened up the two shareholders again, and the system discovered the changes and imported again. It is working fine here.

But again, no returns were marked complete.

[kcjenkins]

And did you double check that there was no typo on the SSN on the K-1 or the EIN? If that is OK try going to Return menu and down to Update Forms.

[grandmabee]

OK THIS still is not working for me. I have the trust done but not marked complete. close and open the ind. 1040 and go to returns tab and click on import and it shows k-1 data , I click that and again is comes no data with corresponding ein or ssn.

did I miss a step?

[Maribeth]

Maybe the import function won't work with a trust??? Hmmm . . . . have the Users Manual open for another reason, and just flipped to the import function. On Page 354 it says that you can import for 1041, 1065 and 1120S. Gives a couple of warnings about making sure you have the correct SSN but that's about all it says.

You might just have to manually enter the information. so sorry.

[grandmabee]

I Know it didn't work on my 1065 either. I think maybe I just have something set up wrong. I will go back to the regular way and input.

thanks for double checking.

[grandmabee]

figured out the problem with my import. You have to be on the k-1 entry form then do the import function. works now for me. It didn't say that in the instruction but does show it at top of form.