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Level 1
March 22, 2021
Question

How to enter passive guaranteed payments for a limited partnership.

  • March 22, 2021
  • 1 reply
  • 10 views
The K-1 input is for non-passive income
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1 reply

Level 6
March 22, 2021

Go to the K-1 input screen 20.1.

Go to the section called separately stated income and deduction.

Go to the area first passive item.

In the field below Other Crtl +E enter the guaranteed payment amount with a description.