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Reporting passthrough income on Form 990T in ProConnect Tax

SOLVEDby IntuitUpdated May 09, 2023

This article explains how to enter K-1 information in the Exempt Organization return in ProConnect Tax.

In an Exempt Organization return, there's no specific screen to enter income reported to the organization from a K-1. Income and expenses reported on Schedule K-1 may be entered on different screens, based on the kind of income or expense and how it should be reported on Form 990, 990-PF, or 990-T.

Examples of the screens that can be used:

  • Under the Revenue section: 
    • Other Revenue
    • Rental Income
    • Investment Income
    • Dispositions
    • Passthroughs Income (990-T)
  • Under the Expenses section:
    • Unrelated Business (990-T)

This list does not cover every screen where income or expenses can be reported. It is up to the preparer to determine where on the return he or she wants to report amounts from a K-1.

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