Business & farm

Partnership Distributions are entered in TurboTax Business under Business Info >> Partner/Member Information.

1. Edit each member and follow the prompts to the page "Member Capital."
2. Enter the amount of Distributions (cash or property) in the appropriate box(es).
    

You can also enter this information using Forms Mode.

1. Open Sch K-1 Wks.
2. Enter the amount of current year distributions under the "Capital" column for each member.
3. Use the gray scrollbar or PageDown to move between members.
4. Total cash & property distributions appear at the bottom of the form.