Question
Where to Report Income from 1099-S on a 1065
If a partnership receives a 1099-S for the sale of a property / asset, should the income be reported on Sch. D or Page 1, Line 1? Just want to ensure it flows correctly to the 1040 when importing into that return.
In other software, there would be a entry for the 1099 itself, whereas ProConnect doesn't seem to have that option.
