Where should I enter the contribution amount paid by the LLC to the Solo 401(k) so that it appears in Box 13 (code R) and Box 14 on Form 1065 Schedule K-1?

[mlcpa]

Where should I enter the contribution amount paid by the LLC to the Solo 401(k) on behalf of one of the owner spouses in ProConnect Tax Online so that it appears in Box 13 (Code R) and Box 14 on Form 1065 Schedule K-1?

I have already entered the total employer contribution for the Solo 401(k) under "Deductions" > "Retirement Plans" without any issues. However, when I navigated to "Schedule K" and "Schedule K-1 Partners", I couldn't find an option to enter the information for Box 13 (Code R).

How can I ensure that the contribution is properly reported on Schedule K-1 in ProConnect Tax Online?

[sjrcpa]

Are the spouses W-2 employees of the LLC?

[mlcpa]

Hello

This LLC is filed as a partnership. The members are not considered employees. One spouse serves as the LLC’s manager and actively works for the business, while the other spouse is an investor and does not participate in its operations. The Solo 401K contribution is only related for the active member. There are no additional partners or members.

M.L.

[sjrcpa]

So first of all remove your first entry for "Deductions" > "Retirement Plans". That would make it show up on page 1 as pension expense which is wrong.

A ProConnect user will need to help you with how to get it on the K-1s in Box 13.

[mlcpa]

Hello,

It is my understanding that . . . .

• Employer (Profit-Sharing) Contributions: Reduce business income.
• IRS Publication 560: Confirms that employer contributions reduce net business income, 

"When you mentioned that 'A ProConnect user will need to help you with how to get it on the K-1s in Box 13,' I just wanted to clarify that I am a tax professional. Based on your advice, I believe that makes me a PTO user—please correct me if I’m mistaken.

I truly appreciate your messages and the time you've taken to help. Thank you!

[sjrcpa]

I did not mean to imply that you are not a tax professional, I don't use ProConnect so I meant someone who does will need to help with input to get the correct K-1 output.

But, I am confused. If this spouse for whom the contribution is made is a Member, the contribution goes on her K-1.

Only Employer contributions for W-2 employees go on Page 1. 

I can't tell from your post who is a Member.