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Debnee71812
Level 1
July 9, 2021
Question

1065

  • July 9, 2021
  • 1 reply
  • 9 views

How do I get the retained earnings to flow to the K-1's

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1 reply

IRonMaN
IRonMaN
Level 15
July 9, 2021

Partnerships don't have retained earnings accounts.  They have capital accounts and everything should automatically flow to the K-1 if you completed the balance sheet.

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