PatriciaV
Expert Alumni

Business & farm

@larner

Please see attached screenshot of Schedule K-1 Worksheet (Sch K-1 Wks) for a partnership return in TurboTax Business 2021. The Beg of year (tax basis) field under Capital is available for entry using the override command (right click empty field). The entered number will appear in a red font, but no form error is generated.

 

If this is not the experience you are seeing, please provide more information regarding the type of business return you are preparing.

 

 

1065 Sch K-1 Wks Beg Cap Override Option

 

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