- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Where do I enter “Capital contributed during the year" number on K1?
I have a partnership that started in 2021. In 2022, I contributed additional capital to the partnership. When filing the 2022 return, TurboTax doesn't ask this information. Where do I enter this? If it is not entered, wouldn't my basis be lower than it actually is when the partnership ends and I would be paying tax on gains that don't exist?
Topics:
April 13, 2023
9:01 PM