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Enter K-1 info from a partnership onto an S Corp 1120S

mikejuby369
Level 3

Is there a place to enter K-1 info from a partnership onto an S Corp 1120S in one input screen?

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George4Tacks
Level 15

Yes. Schedule K > 6th item is Passthrough Entity K-1 Information That is followed by descriptions and line numbers for entry from a k-1


Answers are easy. Questions are hard!

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2 Comments 2
George4Tacks
Level 15

Yes. Schedule K > 6th item is Passthrough Entity K-1 Information That is followed by descriptions and line numbers for entry from a k-1


Answers are easy. Questions are hard!
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klimli
Level 3

Working in ProSeries 2018 1120-S.

I would expect the same, but it's not.

Schedule K is on Form 1120s p1-2

Line 5 Other income (loss) (attach statement):

You enter Name, EIN, addr etc from a K-1 received from a partnership into this S-Corp

 

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