Question
Special k-1 allocation
I have 12 members w/K-1's. But there is an expense that is only to be allocated to two of the members because they personally paid for that expense.
Could not find a category for the expense on the Schedule K Distributive Share items.
This is a legitimate expense (bonus paid out). But only two members should receive the benefit of the deduction.
Technical support could not give me an answer.
