Thank you for all your replies. I just spent 2 hours with TurboTax Support trying to figure out how I can allocate capital gains manually across the K-1's. The system wants to always use a percentage of gain distribution to distribute capital gains across all the K-1's. But get this, I asked a simple question to the support agent...'Does TurboTax Business software have a screen (if I enter the correct data) that allows me to manually distribute capital gains?'. The support agent went away as he had done over the course of 2 hours. But this time, the viewing capability we had running so he could see my screens closed and then he hung up the phone call. Wow...I was amazed. All they had to do was give me a yes or no answer. They obviously could not.
I would never use TurbaTax Business software again to do this work. As most software, bugs can exist or capabilities not put into the software. But you'd think they would own it. Says a lot about Intuit and its support...and eventually the products they sell. As you can tell, I'm pretty disgruntled.
I'll just go ahead and file grossing up the distribution amounts of my siblings and grossing down mine to compensate the capital gains being shown on my K-1. It's not correct reporting but the software leaves me no choice. But I think it is fairly fair for me and my siblings.
Again...thanks so much for your input!
