machatz
Level 3
09-15-2023
12:24 PM
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Working on a 1065 that has special allocations everywhere. I was able to use the special allocations input screen to make sure the K1 reporting is correct, however the supplemental statement/worksheet that accompanies the K1s showing the breakdown of income between PTE investments is incorrectly just allocating income pro rata. How do I suppress these statements so my investors don't get a bunch of wrong info that is just going to confuse them?
Happy 9/15 and thank you in advance. PS - I hate Series LLCs.
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