Active duty using MilTax (H&R Block via Military OneSource). It’s handled Schedule C income fine for me in past years.
This year I’m stuck because of a K-1 from Brookfield Infrastructure Partners (BIP). I only held a small position through Robinhood and sold it on Jan 5, 2024.
K-1 details are minimal:
• \~$8 dividends (Box 6a)
• $1 deduction (Box 13)
• Everything else basically $0
MilTax now says my return is too complex and won’t let me continue.
Return also includes:
• 2 Schedule C’s (me + spouse)
• UTMA dividend income for kids
This K-1 is the only issue.
Questions:
• Is there any workaround with MilTax, or is this a hard stop?
• Worth switching to FreeTaxUSA or TurboTax just for this?
• Practically speaking, how big of a deal is reporting such a small K-1?
Didn’t realize BIP would generate a K-1—lesson learned.
MilTax won’t let me file because of an $8 K-1… worth switching software?
byu/curiosity98765 intax
Posted by curiosity98765