1120-US: Unable to share Schedule K-1 financial data with other returns (FAQ)

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Question

Why can't I share the Schedule K-1 financial data with my other returns?

Answer

You can share Schedule K-1 financial data among all 1040, 1041, 1065, and 1120 returns. (Note that you can transfer financial data to 1120 C Corporation and 1065-B clients, but you cannot transfer the data out of these clients.) The following are reasons why all or some information is not sharing between clients.

No data is being shared

Some information is not sharing

Related topic: 1120 frequently asked questions

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