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K1 Partner’s Capital Account Analysis section is empty but should have correct values
I am filing taxes for my LLC and generating K-1 forms for all members. I noticed the Partner’s Capital Account Analysis section on the generated K-1 is empty? How do I get Turbo Tax to set the values here?
I have entered the partner information on the Business Info tab, under Partner/Member information. All members have initial capital and some of the members have distributions that should show in Partner’s Capital Account Analysis section of the K-1 form.
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February 21, 2021
11:26 PM