I have a Section 736(b) that I need to enter in the 1065 for a retiring partner. I know it will be considered a capital gain to the retiring partner as he does not have enough basis to absorb the distribution. I just can't figure out how to enter it in my Proseries form 1065. Any insight on this would be greatly appreciated!!
This discussion has been locked. No new contributions can be made. You may start a new discussion here