Business & farm

A couple of comments:

  1. I believe the partner liabilities information is input in the partner information section of the program. 
  2. Take a look at how you answered the question on Schedule B question 4 for the 1065.  When you review this, you most likely answered this "yes".  If that is the case, Schedule K-1 section L is not required to be completed.  As a result the software defaults to leaving this blank.  If you want this area completed, then you would need to change your answer in Schedule B question 4.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.

View solution in original post