abailey46
New Member

Why doesn't the K1 (Form 1065) in Turbotax have a section "M" under Part II?

I am entering data from a K1 (Form 1065) prepared by my accountant for a family partnership.  Under Part II on the form, the accountant has checked "No" in section "M" to answer the question "Did the partner contribute property with a built-in gain or loss?"  There is no section "M" on the form in the latest downloaded update of Turbo-tax.  I checked the IRS website and the latest 1065 does have a section "M".