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As the extended business deadline quickly approaches, we have put together the most commonly asked questions. View Lacerte Hot Topics.
As the extended business deadline quickly approaches, we have put together the most commonly asked questions. View Lacerte Hot Topics.
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- Re: How do I allocate distributions to only 1 K-1?
How do I allocate distributions to only 1 K-1?
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NoelC
New Member
yesterday
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Hello,
This is on the S-corp tax return, which only has 2 K-1. The cash distribution was only to one owner, how do I show 100% of distribution on his K-1? I don't see an allocation page on this.
Thanks!
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IRonMaN
Level 15
yesterday
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You betcha!
Slava Ukraini!
