dougrice
Level 2
04-04-2022
05:57 PM
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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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