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Business & farm
You need to enter the information on Schedule K line 13d at the bottom where there are blank lines to input additional information. To do this please follow these steps:
- Within your tax return, switch to forms mode by using the Forms icon in the upper right of your screen
- On the left-hand menu, choose Form 1065 p4-5
- Scroll down on the form preview to Line 13d Other Deductions and continue scrolling to the blank lines under code O
- Use the dropdown box in the left-hand box to choose W - Other Deductions
- Input "Property Taxes" in the middle description box
- Enter the full dollar amount paid in the right-hand box
TurboTax will then allocate the information on the Schedule K to the Schedule K-1s according to the applicable percentages.
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March 9, 2022
8:38 PM