For a partner's K-1 form, I would like to override the % profit, loss & capital with a text field like "Per Agreement". Then the partner can contact the general partner or managing member for details. You can do this in Ultratax (I am converting from UT). Thank You
You can override the % amount on the partner's K-1 BUT you cannot type in text. Your option would then be to use another program to type in "Per Agreement". You will need to be sure that the % override is undone before efiling.
Anonymous
09-06-202201:25 PM
09-06-202201:25 PM
Thanks for the idea. We are changing the status to "Open for voting" since it has been around for over 30 days and no longer considered "New". If you have any questions on the life cycle of an idea, check out our Idea Getting Started Guide for more information.