Skip to main content
Level 1
September 13, 2021
Question

How do I create a Schedule K-1, Line 20 - Other Information statement for code E in Intuit Proseries?

  • September 13, 2021
  • 1 reply
  • 13 views

I have a K-1 from a pass-through entity that gives information about a partnership's basis in solar energy property. on K-1 line 20, code E - Basis of energy property. How can I create an information statement from this entry in the partnership's portion of those credits? Why does nothing from that entry flow through to the tax forms when I print the return?

This topic has been closed for replies.

1 reply

Level 4
September 14, 2021
 

Please fill out the Schedule K line 20 "I Items reported in Box 20 of Schedule K-1" Table with code E and fill out Schedule K1 in "Supplemental Information Smart Worksheet".