Thanks for the reply.
The issue with the same partnership TIN is coming up due to same IRA Services holding company for around 3 partners. Here is the full structure as an example.
Partnership company - has 7 partners, 3 of them are individual investors and hence used their unique SSN. One partner is another company and we have setup their FEIN. The remaining 3 partners are IRA investments from 3 individuals using the same IRA services holding company. For these 3 partners, we have used the same FEIN of the IRA services holding company, with their names as FBO XXXXX, IRA Services company.
We never had issues generating Sck K1 for all these 7 partners when our accounting was done by the CPA. So, I believe the partnership company was setup correctly by the CPA. Once we moved to doing our taxes using TT Business, we never had any issues setting up the partners in TT, especially those 3 IRA accounts as partners. It does not complain that those 3 partners have the same FEIN of the IRA services company. All works out well upto this point.
Once I am ready to generate the K1 for partners, I use the "Distribute K1" option in TT and this is where I have the problem. TT generates couple of individual K1s and it fails abruptly without any error logs. My only option to generate K1 for each partner is go to the Print Forms functions, where I can chose individual forms and generate the PDFs. I chose each partner separately and generate the Sck K1 PDF.
Hope you are able to understand our scenario. Since TT Business is failing only in the Distribute Sch K1 PDF, I think it maybe a software issue
Thanks.
