Solved
How to report BASIS for a Partnership K-1
Hi --
I have a very simple K-1 for a partnership.
1. Is there somewhere in ProSeries where I can enter the Box L information ("Capital Contributed" and "Ending Capital Account")?
I understand I'm supposed to be tracking the client's basis, so I'd expect to find a place for this but I can't.
2. Box J: Is there somewhere in the ProSeries K-1 worksheet where I can record the "Partner's Share of profit, loss, and capital"?
Thank you!
