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Partner Capital
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oldandtired
Level 1
05-23-2021
08:07 PM
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I have correct partner basis worksheets but can't find where to input beginning capital, current partner contributions and distributions for a correct Section L on K-1s and the 1065 beginning and ending balance sheets. Online chat and customer support answers have reflected people reading a manual and having no idea about what I'm talking about. HELP! Please!
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George4Tacks
Level 15
05-23-2021
08:32 PM
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Are you preparing the 1065? If so. in the search box at the top of the left column, enter BASIS and go to the first hit. Partner Information > Partner Basis Worksheet > Completer for each partner.
Answers are easy. Questions are hard!
