Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- How do I disclose 163(j) information on partner k1 when partnership is not subject to 163(j) limitation
How do I disclose 163(j) information on partner k1 when partnership is not subject to 163(j) limitation
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
taxes
Level 3
03-05-2021
12:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The partnership is NOT subject to section 163(j) limitation. Therefore form 8990 does not apply to the partnership. However, how do I get the information such as 3 years of gross receipts, business interest expense and adjusted taxable income as a footnote on the partner K1? I have tried to enter information on the 8990 but it still does not generate information for the partner K1. What am I missing? Thank you.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
