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- Where do I enter k1 footnotes
Where do I enter k1 footnotes
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MICHAELMARS
Level 5
02-10-2023
01:06 PM
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I have some global footnotes that apply to all partners in a return
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dascpa
Level 11
02-10-2023
01:35 PM
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Typically just above Schedule L (balance sheet) are lines for notes. Items Reported on K-1 but not Schedule K.
MICHAELMARS
Level 5
02-10-2023
05:13 PM
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I just tested that and it defaults to code AH so I guess that could work. With the new opt out of schedule K2/K3 we really need a footnote to tell clients that the forms is available on request.
Thanks for your answer
