My debt is classified as Qualified nonrecourse financing but should be recourse. How do i correct his is TT business?

andreahmcbride66 · ‎June 4, 2019

Debt is classified incorrectly as qualified nonrecourse financing and should be recourse debt. How do i correct this on the K-1's?

Critter · ‎June 4, 2019

Fastest way to diagnose & fix this is to switch to the FORMS mode, click on that K-1 and make the change there.

Business & farm