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Box L (Partner Capital Account Analysis) on the software generated K-1's for each partner is blank.
Each partner contributed 10k end of 2016 (which has been entered but is not showing up as beginning balance) and partnership had 30k of profit during 2017 and no distributions, so each of the 5 partners should be receiving a capital account increase of 6k.
Why is the software not tracking/populating this information and how do I get it to do so?
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‎June 4, 2019
3:50 PM