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    Partnership special allocation

    mosesalade
    Level 2
    ‎03-02-2022 12:27 PM

    Can someone point me to how to do special allocation on Recourse partnership debt.

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    Lord Happy
    Level 5
    ‎03-03-2022 04:55 PM

    Happy day...put a letter in the box next to the recourse debt, then go to each partner's K1 and enter their corresponding amount in the box that matches the letter you entered next to recourse debt. 

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    1 Comment 1
    Lord Happy
    Level 5
    ‎03-03-2022 04:55 PM

    Happy day...put a letter in the box next to the recourse debt, then go to each partner's K1 and enter their corresponding amount in the box that matches the letter you entered next to recourse debt. 

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