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Level 1
October 23, 2020
Question

K-1 Export Capital Contributions

  • October 23, 2020
  • 1 reply
  • 9 views

I noticed that when exporting a partnership/LLC K-1 to an individual, the capital contributed during the year doesn't transfer to the individual K-1 input. Is there a way to get lacerte to automatically export this? Or if not, is there a list of items that lacerte will not export automatically, so I can check them when I'm exporting K-1's to individuals?

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1 reply

sjrcpa
Level 15
October 23, 2020

I don't know of a list. I check everything. In particular I expect the state info will not transfer.

The more I know the more I don’t know.