Strange situation--My client brought 5 K1s (1065) and 4 of the 5 have zero entered in every category. Not blank but actual zero entries. The fifth K1 has
Box 1-(1)
Box 2-(11)
Box-5--7
Box 19A---5
I have entered information from the K1 with amounts
My question is about the other 4 K1s that have zero amounts. Should I entered the basic information for Partnership the issued the K1 and leave everything blank? Or just not enter at all?
I've never seen K1s like this.
Thanks for any help
Box 1-(1)
Box 2-(11)
Box-5--7
Box 19A---5
I have entered information from the K1 with amounts
My question is about the other 4 K1s that have zero amounts. Should I entered the basic information for Partnership the issued the K1 and leave everything blank? Or just not enter at all?
I've never seen K1s like this.
Thanks for any help
Comment