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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
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- Re: How to enter k-1 information for 1065
How to enter k-1 information for 1065
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amyqbookkeeping
Level 1
04-05-2023
02:03 PM
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I am new to Proconnect. working on 1065 return. Where do I enter the partner begining capital and cash contributed during year?
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IntuitRebecca
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04-05-2023
02:41 PM
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Hi there,
You enter the totals for all partners on the Sch M-2 (Capital Account) input screen first. Then, use the Special Allocations tab at the top to allocate the amounts to each partner.
This article should help you out: https://proconnect.intuit.com/support/en-us/help-article/form-1065-schedule-k-1/specially-allocate-c...
- Rebecca
