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Mystery70
Level 2
June 19, 2020
Question

Can you enter 1065 Schedule K-1 item G, H1, K, and L information?

  • June 19, 2020
  • 1 reply
  • 11 views
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1 reply

itonewbie
itonewbie
Level 15
June 19, 2020

Yes.

Items G and H under Partner Information > Partner Information, Miscellaneous Info section.

Item K under Partner Balance Sheet, M-1, M-2 > Share of Liabilities.

Items L is computed automatically based on input under Balance Sheet, M-1, M-2 > Sch M-2 (Capital Account) as well as income and expenses on the return.

Special allocations can be done using input on the tab called Special Allocations.

 

 

 

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