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Level 1
January 16, 2020
Question

I am filing a 2 partner 1065 return, they are both general partners, but in the net analysis section of the 1065, the income is being allocated to limited partners?

  • January 16, 2020
  • 2 replies
  • 8 views
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2 replies

abctax55
Level 15
January 17, 2020

You have to tag/mark each partner as general (not limited).  I can't give you specifics as I use Lacerte, but it will be in the area where you added each partner.

HumanKind... Be Both
George4Tacks
Level 15
January 17, 2020