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Schedule K-1 1065
Where does Turbo Tax Business ask about BOX 19 of the k-1? We are the partners of the LLC and I don’t see how to enter the distribution we paid ourselves. My balance sheet and capital accounts are all reconciled with Turbo Tax just fine. Right now BOX 19 has no value in it. I’m not sure what to do….do I leave it blank or do I use forms to enter it? If I use FORMS do I put half on each of our k-1’s or do I put the whole amount on the Schedule K section of 1065?
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March 10, 2024
11:53 AM