attymwilson
Returning Member

Business & farm

I am a partner in a law firm with guaranteed payments reflected on our K-1.  The law firm is an LLP.  I am having precisely the same issue as the original poster of this thread.  TT is showing my Schedule E supplement listing the UPE; I checked the boxes confirming that our partnership agreement requires me to pay these expenses out of pocket and that I was not reimbursed; and Schedule E p2 line 27 is checked "Yes." However, the UPE is not reflected in line 28.  Will this be fixed before the tax deadline of 10/16/23?