This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
Entries into this field show adjustments to the partners' capital account and wouldn't need to be entered into the individual return.
The K-1 should have the built in gain specifically allocated to your client, if he is the one who contributed the property.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.