Just curious on how to handle the Capital accounts. I own shares in ET and if you break out the information as three reporting entities, entering the income into each of the Capital Account Information sections will cause a Capital Account (CA) balance in each one. Is it better to show a balance in each entities’ CA or use ET CA balance that ties out to the K-1 section L? In USAC and SUN, I was going to input the Current Year Net Income but then show same amount as a deduction in Other Increase (Decrease) to force those CA’s to be zero. Very confusing and not sure if there is a correct way to do this. Any help would be greatly appreciated. Thanks in advance.
