dougrice
Level 2

Intuit / Pro Series added the K-3 input screens for 2021 partnership tax returns...

Looks like they forgot to add a box for special allocation codes in the K-3 input screen.

The K-3 will allocate according to your P&L profit/loss percentages... which in the hedge funds I prepare, have no relevance to the allocation of numbers.

This is a BIG oversight by Intuit.  What good is their partnership software if I have to override EVERY number on EVERY L-3.

Time to start an insurrection against Intuit.  This is a very poor product.  How can they get away with this

Doug R

CPA

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