- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You can submit the receipts for the funds expended on behalf of the partnership for reimbursement.
You can deduct unreimbursed partnership expenses (UPE) if you were required to pay such expenses personally under the partnership agreement.
As you enter the K-1 you receive from the partnership, TurboTax will inquire as to whether or not you paid partnership expenses for which you were not reimbursed. The notation and amount will appear on Schedule E (see screenshot).
‎November 22, 2019
7:12 AM