Hello,
Is there a Partner's basis worksheet (Form 1065 K-1) in Proseries that is available to keep track of Partner's basis each year? I cannot find it after entering in K-1 K-1 has only ordinary income, distributions, and Pass-Through Entity Tax deduction). I am reviewing a client's prior year return and trying to duplicate it, but I cannot find the Partner's basis worksheet.
Thanks for your help in advance!
SW
Best Answer Click here
On the 1040? No.
The 1065 will generate a basis statement for the partners, but the1040 in ProSeries doesn’t give us a basis statement to keep track of partners basis.
On the 1040? No.
The 1065 will generate a basis statement for the partners, but the1040 in ProSeries doesn’t give us a basis statement to keep track of partners basis.
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