Recourse Loan from One LLC Member

[abruzzokk1]

How do I get TT Business to allow me to allocate a Recourse Loan to only one LLC Member - that member is the General Managing Member

[Anonymous_]

You will have to enter that in Forms Mode on the Schedule K-1 Worksheet.

[abruzzokk1]

Thank you

On the line......    "Beginning Recourse Liabilities"? 

 is the next line a %? 

[Anonymous_]

I believe that line should be a figure.

[abruzzokk1]

Now it won't let me e-file unless I enter a "special allocation code".  for this recourse loan for the General Manager partner.  Where do I find this special allocation code? 

[Anonymous_]

Try the link below. It is for ProSeries but TurboTax is built on the same (or a similar) platform.

https://proconnect.intuit.com/community/form-1065/help/how-to-enter-special-allocations-to-partners-...