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ADHDsherri
Level 2
September 14, 2024
Question

Capital account

  • September 14, 2024
  • 1 reply
  • 4 views

on 1065 schedule K-1 Line L how to get it to file in Partner's capital account?

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1 reply

George4Tacks
George4Tacks
Level 15
September 15, 2024

Partner Information > Partner Basis Worksheet should what you need. After proper set up, most of this is automatic. You may need https://accountants.intuit.com/support/en-us/help-article/form-1065/use-special-allocations-proconnect-tax-tax-form/L6BUOnwV8_US_en_US?uid=m13p8j87

 

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