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Entering guaranteed payments for Form 8825, Schedule F, or Other Rental in ProConnect Tax

SOLVEDby IntuitUpdated August 17, 2023

You can enter guaranteed payments on Form 8825, Schedule F, or as Other Rental on Form 1065 in a Partnership return. Choose the applicable instructions below.

  1. Go to Input Return Schedule K Rental Real Estate.
  2. Select the Income Statement tab. 
  3. Locate the Expenses section. 
  4. Scroll down to the Other Expenses field. 
  5. Enter the Description and Amount
  6. Go to Other Schedule K Items.
  7. Enter the amount in Guaranteed payments [A].
  1. Go to Input Return Ordinary Income Farm Income and Expenses. 
  2. Scroll down to the Farm Expenses section.
  3. Locate the Other expenses field.
  4. Enter the Description and Amount
  5. Go to Other Schedule K Items.
  6. Enter the amount in Guaranteed payments [A].
  1. Go to Input Return Schedule K Other Rentals. 
  2. Select the Income Statement tab.
  3. Locate the Expenses section. 
  4. Scroll down to the Other Expenses field. 
  5. Enter the Description and Amount
  6. Go to Other Schedule K Items.
  7. Enter the amount in Guaranteed payments [A].

 

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