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MICHAELMARS
Level 6
February 10, 2023
Question

Where do I enter k1 footnotes

  • February 10, 2023
  • 2 replies
  • 46 views

I have some global footnotes that apply to all partners in a return

This topic has been closed for replies.

2 replies

dascpa
dascpa
Level 11
February 10, 2023

Typically just above Schedule L (balance sheet) are lines for notes.  Items Reported on K-1 but not Schedule K.

MICHAELMARSAuthor
Level 6
February 10, 2023

I just tested that and it defaults to code AH so I guess that could work.  With the new opt out of schedule K2/K3 we really need a footnote to tell clients that the forms is available on request.

Thanks for your answer

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