ProConnect HelpIntuit HelpIntuit

Specially allocating meals and entertainment for partnership Schedule K-1, Line 18c in ProConnect Tax

by Intuit Updated 8 months ago

When meals and entertainment are entered as a deduction, the 50% that is nondeductible on the tax return is available to specially allocate to the partners.

To specially allocate meals and entertainment:

  1. Go to the Special Allocations tab .
  2. Choose the Travel and Entertainment input from the left column under Amounts to Allocate
  3. Enter the amounts or percentages to allocate for each partner on the right.
ProConnect Tax

Sign in now for personalized help

Ask questions, get answers, and join our large community of Intuit Accountants users.

Dynamic AdsDynamic Ads