Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

K-1

Opfor77
Level 4

Box L on the bottom left of the 1065 K-1 shows partner's capital account analysis, like beginning capital account, capital contributed during the year, increases, decreases, and ending capital account.  I know where to enter these amount in Ultra Tax, but I cannot find a place to enter any of these in the Proseries Schedule K-1 worksheets.  This is their 1st year receiving this K-1.  Any ideas?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
dkh
Level 15

Schedule K1 Worksheet where Partner information (Id#, name, address) is entered has place for beginning capital account,etc