Schedule K-1 missing Statement A - what should I do?

Statement A is typically a supplemental attachment that provides additional details about certain items on your Schedule K-1. Not all partnerships include a Statement A if there's nothing complex to explain. Check if your K-1 has any amounts in boxes that say "see statement attached" or "see statement A." If there aren't any references like this, you might not need it at all. The tax software might be asking for it as a standard question rather than because it's actually required for your specific situation. You could try entering zero or N/A for any fields the software is asking about that would have been on Statement A. Alternatively, contact the partnership directly - they should be able to tell you if there should have been a Statement A and provide it if needed.

I ran into this exact problem last year with my partnership K-1. After hours of frustration trying to figure out what I was missing, I discovered taxr.ai (https://taxr.ai) which saved me so much headache. It analyzed my K-1 and told me exactly what information I needed and what I could safely ignore. The tool confirmed that in my case, Statement A wasn't actually required since my K-1 didn't have any complex items that needed additional explanation. The software was just asking for it as a standard procedure. I was able to complete my return without it after understanding what was actually needed based on my specific K-1.

Wanted to follow up about taxr.ai after my skeptical question. I decided to try it with my K-1 issues and holy crap it actually works! I uploaded my K-1 and within minutes it told me I didn't need Statement A for my situation because none of my entries referenced additional statements. It also pointed out that box 20 code Z on my K-1 (which I was completely overlooking) actually contained section 199A information that I needed to enter separately. Would have completely missed this without the tool. Just filed yesterday and everything went through fine without the mysterious Statement A that my software kept demanding.

If you're still struggling with this K-1 issue and need to talk to someone at the partnership who can help, you might run into the same problem I did - no one answers the phone! I wasted days trying to reach our partnership's accounting department. Finally found Claimyr (https://claimyr.com) which helped me get through to an actual human at the IRS who explained exactly what I needed from the K-1. You can see how it works here: https://youtu.be/_kiP6q8DX5c. They basically hold your place in the phone queue so you don't have to stay on hold for hours. I was able to confirm exactly what was needed vs what was optional for my Schedule K-1 filing.

I need to apologize for my skeptical comment about Claimyr. I was totally wrong. After another failed attempt to reach the IRS about my K-1 questions yesterday (got disconnected after waiting 90 minutes), I was desperate enough to try it. The service had me connected to an IRS agent in about 45 minutes, but the amazing part was I didn't have to sit there waiting - they called me when an agent was on the line. The agent confirmed that Statement A is only required if specifically referenced on the K-1 form itself, which mine doesn't have. Problem solved in one day instead of weeks of frustration. Wish I had known about this sooner.

Another option is to just call the partnership/S-corp directly. I had the same issue last year and it turned out they had accidentally not included Statement A with my K-1 package. They emailed it to me within an hour after I called. Don't waste time trying workarounds if they actually did forget to send you something!

I'm a little late to this thread but wanted to add that depending on which tax software you're using, you might be able to just continue without Statement A. In TurboTax I was able to click "I'll enter this later" and then just never went back to it since my K-1 didn't reference any statements. The return was accepted by the IRS with no issues. Sometimes the software is just asking for every possible thing that could exist rather than what you actually need.

I had this same frustration with my first K-1! What helped me was looking at each box on my K-1 form and checking if any of them have notes like "see attached statement" or reference codes that point to additional documentation. In most cases, if your K-1 has actual dollar amounts filled in the boxes (rather than codes or references), you probably have everything you need. Statement A is typically only required when there are complex items that can't fit in the standard K-1 format - things like detailed breakdowns of multiple types of income, foreign tax information, or special allocations. Try looking at your partnership agreement or any other paperwork that came with the K-1. Sometimes Statement A gets mixed in with other documents and isn't clearly labeled. If you still can't find it and your K-1 looks complete, you might want to call the partnership's accounting department before the deadline to confirm whether one should have been included with your specific situation.

I went through this exact same situation with my K-1 last year and it was so confusing! Here's what I learned: Statement A is only required if your K-1 specifically references it. Look for any boxes that say "see attached statement" or have footnote references - if you don't see those, you likely don't need Statement A. The tax software asks for it as a blanket question because some K-1s do require it, but many don't. Since you mentioned your partnership is small with just 5 partners and the K-1 looks complete with amounts filled in, you're probably dealing with a straightforward situation that doesn't need additional statements. Before the deadline, I'd suggest either calling the partnership to confirm (ask for whoever handles their tax preparation, not general admin) or try proceeding in your tax software by selecting "skip for now" or "I'll enter this later" options if available. Most software will let you continue without it if it's not actually required for your specific return.