How to enter (1065) K-1 box 11 code B in PTO?

K-1 (1065) box 11 code b need to go on form 4684 line 34. How to accomplish that in PTO?

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Best answer by George4Tacks

11b indicates an involuntary conversion. You would need to do this as a separate entry in the dispositions screen for the casualty loss. You may have to be creative for things like dates to make it long term. Follow the 1st set of steps for a personal loss https://proconnect.intuit.com/community/individual/help/how-to-enter-a-casualty-or-theft-for-form-4684/00/5256

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11b indicates an involuntary conversion. You would need to do this as a separate entry in the dispositions screen for the casualty loss. You may have to be creative for things like dates to make it long term. Follow the 1st set of steps for a personal loss https://proconnect.intuit.com/community/individual/help/how-to-enter-a-casualty-or-theft-for-form-4684/00/5256

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