jmorgan45
Returning Member

Business & farm

Thank you for your response.  I'm actually working in Turbo Tax Business.  I think I indicated in my original question that I was working in Turbo Tax Deluxe.  I apologize for that misinformation.

 

After reading your response and looking through Turbo Tax, I'm still not sure exactly how I should handle this in Turbo Tax.  Do I override it on the K-1 and Balance Sheet or am I missing where to enter it on the step by step guide so it will automatically calculate it?  Thanks!