I have an Idaho partnership that sold land in 2020 on an installment sale. 3 partners - all siblings. Payments over three years, first payments received in 2020. The two sisters are taking the payments 50/50 in years 1 & 2 and the brother is taking his full 1/3 of the sale in year 3. We're specially allocating the gain between the partners to follow the way the cash is flowing. Everything looks good, EXCEPT - we can't get the capital gain pass-through information on the Idaho K-1 to specially allocate. I've been all through the state special allocations screen and can't find how to change it anywhere. Any ideas? Do I just attach a note to the K-1 with the correct amounts? I don't file the sister's 1040s, so I don't want their preparer to miss it (it's a difference of about $200k just this year).
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I just noticed your Idaho Lacerte question. Since it was a year ago, I would guess you probably figured it out. In the 2021 Idaho Module, I've been able to specially allocate Idaho Capital Gain using federal screen 32.1 Schedule K-1 Miscellaneous. When the Idaho Module is installed, the last section of this menu has an 'Idaho Information' section, and in that section, there is a line where you can allocate Qualifying Idaho Capital Gain on a per-partner basis. It worked the same for me in the 2020 Lacerte Idaho module.
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