How to calculate partner's basis worksheet from k-1 on form 1040? I can do it by hand so I guess I'm not using the correct input?

[George4Tacks · Accepted solution]

In the K-1 input screen look up to the listing across the top for basis. Which flavor of K-1 are you having a problem with? 

https://proconnect.intuit.com/support/en-us/help-article/form-1065-schedule-k-1/complete-form-7203-p... is for S-Corp, but it should help with others. 

[nscoggi]

Thanks for the reply.  It's a rental real estate partnership with ordinary income from the sale of an asset and passive losses from rental activities.

[nscoggi]

The article helped, thanks!  Just an input issue.