nscoggi
Level 2
04-16-2023
04:20 PM
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Best Answer Click here
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George4Tacks
Level 15
04-16-2023
04:23 PM
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In the K-1 input screen look up to the listing across the top for basis. Which flavor of K-1 are you having a problem with?
https://proconnect.intuit.com/support/en-us/help-article/form-1065-schedule-k-1/complete-form-7203-p... is for S-Corp, but it should help with others.
Answers are easy. Questions are hard!
nscoggi
Level 2
04-16-2023
04:26 PM
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Thanks for the reply. It's a rental real estate partnership with ordinary income from the sale of an asset and passive losses from rental activities.
nscoggi
Level 2
04-16-2023
04:31 PM
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The article helped, thanks! Just an input issue.