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Level 7
March 19, 2023
Solved

Unreimbursed Partnership Expenses UPE

  • March 19, 2023
  • 1 reply
  • 20 views

Hi online community, does somebody know to the report UPE in Proseries. I tried to research the topic and in other softwares they recommend to include a blank K-1 in Schedule E with negative amounts to report the expenses. It seems logic to me but I would like to know if you maybe know another way to do it here in Proseries. Any comment will be appreciated. 

Have a great day everybody. 

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Best answer by IRonMaN

Bottom of page 2 of the K-1 worksheet below line 20Z.

1 reply

IRonMaN
IRonMaNAnswer
Level 15
March 19, 2023

Bottom of page 2 of the K-1 worksheet below line 20Z.

Slava Ukraini!
Level 7
March 19, 2023

Thank you Ironman. Many of us appreciate your responses through the years. Hope you never abandon us. God bless you. 

IRonMaN
Level 15
March 19, 2023

I'll never abandon this place ............................... but whether or not Intuit ever locks me out is another story 😜

Slava Ukraini!