Where do you enter Item L on form 1065 of K-1, i.e. the capital account info?
03976
3 Replies
JenniB
Level 4
Jun 1, 2019 12:06:37 PM
Under the Income section, S-corps, Partnerships, and Trusts, go to the Schedule K-1 topic.
There is a screen titled: "Enter Your Capital Account Information", 6 or 7 screens into the topic.
lori58sf
Level 3
May 18, 2020 9:01:34 PM
I usually enter items such as L via Form view. The 2019 TT Business version, seems to eliminate...so how do I enter them? I prefer to enter them.
DavidS127
Expert Alumni
May 19, 2020 3:01:28 PM
For either TurboTax Home and Business or TurboTax Business (or any other Download/CD version of TurboTax), you can access Forms mode via the Forms icon at top right in the blue bar.
Forms mode is not available in TurboTax Online versions.