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New Member
posted Jun 4, 2019 6:44:00 PM

How Can I Correct Partner Capital Account Beginning of Year Balance?

This is my first year for TurboTax. I believe when setting up the company, I entered capital account information for the beginning of year incorrectly.  How can I correct it without starting over?

Thanks so much for any help.

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1 Best answer
New Member
Jun 4, 2019 6:44:02 PM

You can be brought back to the partner capital account screens by selecting the Business Info tab at the top of the screen and then Partner/Member Information.  Then select the partner that you need to edit and continue through the screens until you arrive at the Partner/Member Capital screen.  See sample screenshot.

2 Replies
New Member
Jun 4, 2019 6:44:02 PM

You can be brought back to the partner capital account screens by selecting the Business Info tab at the top of the screen and then Partner/Member Information.  Then select the partner that you need to edit and continue through the screens until you arrive at the Partner/Member Capital screen.  See sample screenshot.

New Member
Jun 4, 2019 6:44:03 PM

Thank you very much!!!