Solved
A New 1065 Client and Updating the Schedule K-1
I am trying to match the information to match the prior return for the following items and I am having no luck.
1. Entity type - they are a Trust and I don't see that option.
2. Beginning Capital - the allocation by percentage calculation in Proconnect is different than shown on the last K-1, how can I update that amount by partner?
3. Same thing with the share of recourse, it need to be adjusted by each partner and the software is calculating a different amount.
