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M
Mikki18
Level 3
May 5, 2021
Question

Proseries Professsional Form 1065 income not flowing to Schedule K1

  • May 5, 2021
  • 1 reply
  • 9 views

Partnership return with 2 partners, income did not flow to schedule K1 ordinary income. 

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1 reply

H
heidis
Level 4
May 5, 2021

There is not enough information. Did the income flow to a different line?

    M
    Mikki18Author
    Level 3
    May 5, 2021

    On the Schedule K 1 it shows C non farm income then the the total on line 20 has the code Z and the 1099 A calculations which are correct. But there is nothing on line 1 ordinary business income.

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