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Level 1
July 11, 2020
Question

On Form 1065, where do I enter cash that is distributed to partners? This would show up on their K1s on Line 19a.

  • July 11, 2020
  • 1 reply
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When I search for "cash distributions" in the search bar, I only get entries for revised forms and prior year comparison.
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1 reply

Level 2
July 15, 2020

Cash distributions at the entity level are made in the M2 screen.  Allocations to specific partners can be done in the Special allocations screen.