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- Form 1065 Sch M-2 and 743b adjustments
Form 1065 Sch M-2 and 743b adjustments
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dblauet
Level 1
02-02-2022
07:41 AM
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I have a client with 743b adjustments for certain partners. I need to make the adjustment in Schedule M-2 to make the capital account work. There is no way currently to assign that 743b adjustment to the partners that it effects so it is allocating over all partners incorrectly making their K-1 Box L incorrect.
I need a patch on this right away please.
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