Skip to main content
Level 2
March 15, 2021
Question

How do I show fractional shares on the new section G of the K-1 of a Form 1065?

  • March 15, 2021
  • 1 reply
  • 3 views

I have .5 owners on Form 1065 and the K-1 rounds up to 1 share.  Is there a way to show fractional ownership?

This topic has been closed for replies.

1 reply

George4Tacks
Level 15
March 15, 2021

Enter .5 percent as 00.5 - It does not round since it goes as small as 0.000001

 

Answers are easy. Questions are hard!
Level 2
March 17, 2021

Still shows 1 share when it should be .5 shares.