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Level 3
March 7, 2023
Question

1065 guaranteed payments on IA return

  • March 7, 2023
  • 1 reply
  • 10 views

The guaranteed payments are not flowing from the federal to IA for the IA piece.  It is showing an error and will not let me enter the amount.  How do i get it to flow.

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1 reply

dkh
Level 15
March 7, 2023

What is the Error message in the IA return say ?    Does there need to be some allocation to the partners/members? 

Tracey876Author
Level 3
March 7, 2023

On the IA return shows as error because numbers did not transfer for the medical payments or the 179 deduction

dkh
Level 15
March 7, 2023

Are you preparing the 1065 for IA   or an individual return with a 1065 K1  ?