mbshadow1
New Member

Schedule K-1 with Form 770 - Schedule 5

I have a Final K-1 and have entered the information using the K1 form. 

However, I also received a Schedule 5 - Beneficiary's Information with a large number on Line 1a and the beneficiary's distribution percentage in Line 1b.  How do I enter the beneficiary percentage for my federal taxes? I do not know where to put the percentage from Line 1b when entering information in form K-1.

Thank you!