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tevis2017
New Member

Capital account analysis

The partners' capital account analysis section on the forms 1065 and k-1 does not print.  I entered the cash distributions and it would seem like TurboTax would distribute the income to the capital accounts automatically.  TurboTax indicates I have no errors.

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Accepted Solutions
Rick19744
Level 12

Capital account analysis

Check your Schedule B question 6 response.  If you answered "yes" then those sections are not required to be completed.  If you want to force print them, then answer "no".  But doing so may require additional work on your part.

See the attached instructions for form 1065 and in particular page 26.

https://www.irs.gov/pub/irs-pdf/i1065.pdf

*A reminder that posts in a forum such as this do not constitute tax advice.*

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1 Reply
Rick19744
Level 12

Capital account analysis

Check your Schedule B question 6 response.  If you answered "yes" then those sections are not required to be completed.  If you want to force print them, then answer "no".  But doing so may require additional work on your part.

See the attached instructions for form 1065 and in particular page 26.

https://www.irs.gov/pub/irs-pdf/i1065.pdf

*A reminder that posts in a forum such as this do not constitute tax advice.*
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