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    • Created with Sketch. 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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    Schedule K-1 Line 16AA

    AtlasDaniel
    Level 2
    ‎02-20-2021 11:22 AM

    When I enter dispositions for a partnership, I am curious why Schedule K-1 Line 16AA gets populated. This has never happened before to me. Did something get changed I am not aware of? Normally I would simply allocate the capital gains among the partners. All partners are individuals or domestic LLCs. 

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    itonewbie
    Level 15
    ‎02-20-2021 11:54 AM

    This post may help: https://proconnect.intuit.com/community/proconnect-tax-discussions/discussion/re-1065-only-domestic-...

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    Still an AllStar

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    1 Comment 1
    itonewbie
    Level 15
    ‎02-20-2021 11:54 AM

    This post may help: https://proconnect.intuit.com/community/proconnect-tax-discussions/discussion/re-1065-only-domestic-...

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    Still an AllStar
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