K-1 direct entry method

Forum|Forum|3 months ago
March 17, 2026
2 replies
18 views

I delete all percentages on "Beneficiary's Smart Allocation Worksheet" but when trying to use Direct Entry method below, the fields are empty, but when I try to enter numbers I'm required to override the cell. Why the need for an override in this situation?

ProSeries Professional

I

IntuitDavidD66

Level 3

To use the Direct Entry of Dollar Amounts method to enter make sure that your K-1 Worksheet does not have any amounts entered in the Allocable share item fields, otherwise, ProSeries will default to the Percentage Allocation method.

Note: If you use the Direct Entry method for one beneficiary, you must use the Direct Entry method for all beneficiaries.

[Edited 04-07-2026|12:02 EDT]

Just-Lisa-Now-

Intuit Community Champion

@IntuitDavidD66 BENEFICIARIES, not partners. This question refers to a 1041, not a 1065

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

5

5jspallinoAuthor

Level 3

Correct...it's a 1041. Not 1065.

I

IntuitDawnC

Level 3

The entry is pulling from the Beneficiary's Allocation Smart Worksheet, so if those fields are empty, Pro Series is going to ask for override to enter the information. Leave the percentages on the allocation worksheet to avoid the override request. There will be errors on the Beneficiary List if the percentages are not entered there.

5

5jspallinoAuthor

Level 3

The issue is that the amounts are not allocated based on general percentages. Different, specific amounts in different expense and income categories are going to six different beneficiaries.

Just-Lisa-Now-

Intuit Community Champion

I think you may need to use override, as odd as that may seem. I found Instructions for ProConnect and thats what they have to do.

https://accountants.intuit.com/support/en-us/help-article/federal-taxes/allocating-specific-items-beneficiary-trust-tax/L4Wi8Al2y_US_en_US?srsltid=AfmBOor5SkR8xVI0wS_lIpTse8TAniY4eIkfe97OUnSBTWiEuWQjnaeb&uid=mno09ld2

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Sign up

Login with SSO

Let's get you signed in

Login with SSO

Scanning file for viruses.

This file cannot be downloaded