We have a family multi-member LLC. It is a vacation cabin. It is not rented only used as a family cabin (i.e., no income is generated). This is my first year using Turbo Tax business to complete the 1065 and K-1's. In the past, the property tax payment was entered as a 13 W. I have also read that it can be entered in schedule K line 20(c). However, I do not see an appropriate option in the instructions for line 13 and line 20 (c) is not active so I cannot put the number there. Where can I enter the property taxes paid so they flow to the K-1's as line 13 W or line 20(c)?
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Try entering Forms Mode and looking for Line 13d on Schedule K of your 1065.
I looked there, but did not see where property taxes would go in the options given.
Directly below "O" you should see "Type" with an arrow which will open up a dropdown list. Try that.
This worked. Thanks.
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