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Level 3
August 25, 2026
Solved

Is there a way to turn off the 453A(c) information footnote that prints on Form 1065 K-1s?

  • August 25, 2026
  • 3 replies
  • 61 views
Is there a way to turn off the 453A(c) information footnote that prints on Form 1065 K-1s? My partnership has a special allocation of the capital gain among the partners from the installment sale . So the capital gain generated by the 453A(c) footnote is not accurate as it does not take into account the specially allocated capital gain.
Best answer by sjrcpa

Ot, is there a way to specially allocate the 453A(c) info?

3 replies

sjrcpa
sjrcpaAnswer
Level 15
August 25, 2026

Ot, is there a way to specially allocate the 453A(c) info?

The more I know the more I don’t know.
ellenabelAuthor
Level 3
August 25, 2026

I didn’t see a way to specially allocate the information.  Do the software writers know the answer?

sjrcpa
Level 15
August 25, 2026

I bet they do, but you won’t find them around here.

The more I know the more I don’t know.