Angie2, I have the same problem and others with TT Business, but I can't get the Sch K reconciliation to populate with the correct liability for each Partner and I can figure how to transfer the amount on p5 of the 1065 liabilities smart worksheet for each partner to Sch K-1 Part II item K and the Sch K item K reconciliation . Any idea how that transfer or forced entry is made.
On p5 of the 1065 liabilities smart worksheet, I entered B1 in the first box and then the correct nonrecourse liability amount for partner 1, and repeated the same for the other two partners. TIA
