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Page 2 of Form 1065 Schedule K-1 does not print with returns.

Mace cpa
Level 1

Page 2 of Form 1065 K-1 does not print with completed returns. Form is e-file ready.

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2 Comments 2
Level 13

Page 2 of the K-1s no longer exists for 2020 returns.  The IRS removed it.

Level 1

Tried twice to print schedule K-1's only, never was able to get it to print after waiting twice for 20 minutes for the compute to finish. 

Also had a problem with capital account analysis which is to be done on a tax basis. However according to Proseries if you use special allocations any schedule M's posted to the book to tax Schedule M-1 also get posted each partners' capital account analysis based on the partners share of income/loss which seems to me to be wrong since Schedule M's are book amounts that should not impact the tax capital account analysis. I had to override all of these entries on each partners K-1

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