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In Pro Series Basic, where do you record a PTP K-1, items G-M. Specifically, nonrecourse debt, capital contributed, etc? This is my first year with Pro Series. Thanks

annkcpa
Level 1

Need some help with a Schedule K-1 input in a 1040.  Need to record beg capital, contributions, debt.  Capital is tax basis.  Thanks

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Accountant-Man
Level 13

You don't need them.

** I'm still a champion... of the world! Even without The Lounge.

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1 Comment 1
Accountant-Man
Level 13

You don't need them.

** I'm still a champion... of the world! Even without The Lounge.
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