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Business & farm
PatriciaV,
The approach you suggested does not work.
The Beg of year "Capital" field does not allow entry, at all. The right click "Override" menu option is greyed out.
This works fine for years 2019 and 2020, I just checked...but in TT Business 2021, the field *cannot* be overridden.
The only means to resolve that I can find is to use the right menu override option to override the partner's k-1 item L beg cap account balance field.
This, though, nullifies the TT calculation accuracy guarantee. So not an acceptable workaround.
Please advise.
March 7, 2022
4:48 PM