This is the first year LLC partnership, I used the Turbo Tax Business to create the K1's. The 3 partners contributed $20,000 in cash each to start and the amount is not in Part II Section L of the K1 for the partners under 'Capital contributed during the year. Is there some other variable as to why it is not on the K1? Is this a problem?
Take a look at how you responded to the partnership return Schedule B question 6. I believe if you responded "yes" then the software will assume you are not completing the balance sheet and as a result item L on the K-1 will not be populated either.