Question
Hawaii Capital Accounts with Transfers in Lacerte
I have a partnership located in California with a Hawaii rental. The entity is generating Hawaii K-1s which include capital account information on Form K-1 (N-20). There was a transfer of a partnership interest on 12/31/24. The Hawaii Capital accounts do not reflect the transfer upon entering information in the M-2 screen (I've tried it several different ways). Also, it looks like the transfer needs to be included on Line 38 of the Hawaii K-1, but input and allocation does not look to be possible for Hawaii. Any help would be appreciated.
