Question
K-1 on 1040
Box L on the bottom left of the 1065 K-1 shows partner's capital account analysis, like beginning capital account, capital contributed during the year, increases, decreases, and ending capital account. I know where to enter these amount in Ultra Tax, but I cannot find a place to enter any of these in the Proseries Schedule K-1 worksheets. This is their 1st year receiving this K-1. Any ideas?
