Skip to main content
Level 3
September 15, 2023
New

In individual module, for Basis worksheets, identify partnership by name, not number

Related products:Lacerte
  • September 15, 2023
  • 1 reply
  • 3 views

The K-1 partnership input in the individual module lists both the name and a number for each partnership, as does the output K-1 Reconciliation Worksheet.  When it comes to the Basis Limitation worksheets, however, all that is listed is a page number.  I have one return with over 30 partnerships and it is very difficult to find the one whose numbers I'm checking.  I'd like to see the name of the partnership instead of a number, if both cannot be provided.

1 reply

Level 2
July 8, 2024

I wholeheartedly agree with you and have suggested this numerous times in the past to no avail.  I have several returns with a large number of partnership investments and it is difficult to find the corresponding basis schedules since they are only listed by number.  I don't know why it is so hard to get this done as the K-1 reconciliations are listed by partnership name.