Skip to main content
Level 1
March 1, 2023
Question

How to enter unreimbursed partner's expense on 1065? Found article from July 19, 2022, was not able to find the forms listed on the "Follow these steps to calculate UPE"

  • March 1, 2023
  • 2 replies
  • 7 views
No text available
This topic has been closed for replies.

2 replies

PhoebeRoberts
Intuit Community Champion
March 1, 2023

UPE by definition is a 1040-level item. If you're working on the 1065, you deduct expenses reimbursed by the partnership as whatever type of expense they are. The partnership agreement differentiates between the two items.