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UPDATE-RESOLVED: My 1065 K-1 does not show Distribution to Partners distributions even though they were entered into the K-1 Worksheet
I was able to figure out where I needed to enter the distributions to partners. Even though the amount was showing on the worksheet, it was not populating in 1065 K-1. I wish TurboTax note would have been more specific as to where I needed to enter this info. I wish Turbo Tax note would have advised me to enter Distributions to Partners under Business Info, Partner/Member Information, under the Partner Capital entry section.
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‎February 21, 2024
8:18 AM