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allansol9
Level 1
March 15, 2021
Question

How do I enter MA Bank interest on Form 1065? and allocate it to one partner?

  • March 15, 2021
  • 1 reply
  • 3 views
And allocate it to one partner on Form 3K-1?
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1 reply

itonewbie
itonewbie
Level 15
March 16, 2021
  1. Click on the Special Allocations tab on the main input screen;
  2. From the dropdown in the top-left corner, select MA;
  3. Click on the line item you'd like to allocate; and
  4. On the right-side of the screen, click on the appropriate radio button for Allocate by and enter the allocation.
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