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New Member
posted Jun 3, 2019 6:00:36 PM

Where does deferred compensation recorded in Schedule K-1?

Where do I enter deferred compensation on Schedule K-1 (Form 1065)?

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1 Replies
New Member
Jun 3, 2019 6:00:38 PM

You don't enter deferred compensation for your schedule K-1's as it's not an expense. Instead, you would have your plans accurately recorded in your books, with related interest expense and other impacts. The affects are represented through your employee compensation &/or liabilities on your balance sheet.