K-1 Basis

[sbring]

Just finishing a K-1 for a partnership.  Income and expense was no problem but entering the basis was a BIG problem.   I filled out all the subsidiary worksheets and got to the basis and had to override all entries of contributions, loans, etc. that showed have flowed automatically.

I called technical support and did a screen share and he couldn't come up with any answer than overriding.   It just should be easier than that when all the info was filled in.  I had to override to put in the cash contributed, loans paid in 2025 on each K-1 separately.

Please consider changing the programing on this issue.

[Norman2001]

I'm not sure exactly what you are doing. Are you working on a 1065 or editing a K-1? 

For me,entering contributions and distributions on the Sch K worksheet is probably the easiest part.  Most difficult has been to get Sch L to balance, mainly becuse of partners not keeping good books.