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Get your taxes done using TurboTax
Patricia>
I opened the new file from within the TurboTax 2021 software (as opposed to by file extension) and I still have the same issue. Here is what I see in the member tab:
Any Member Changes?
You transferred member information from your 2020 return and the total ownership percentage equals 25.00000%.
You will need to make changes in this area only to:
Enter Capital Contributions or distributions
Change Members Entity Type
Change Member Name or Address
Add a Member
Indicate a final year for a member
The information for the one member imported is correct. Balance sheet items in the partner capital section imported correctly. I opened my 2020 tax file and all members are there with correct percentages and capital accounts.
I can´t create an accurate 2021 return at the moment since partner data is missing, and without partner data a partnership return is useless.
Thanks
Andrew