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Turbo Tax Business 2024-25 entering different amounts for section 754 on k1s
I am trying to enter different amounts for each partner's Section 754 allocation. The income is split equally but the Section 754 allocation needs to be divided on 3 of the 4 of the K1's, the last K1 should be zero. I called Turbo Tax Business help and she was unable to solve the problem.
I have read several other posts asking to do the same but none of the answers worked on the TurboTax 2024-25 desktop version.
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‎November 18, 2024
2:39 PM