☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Feb 7, 2024 2:15:47 PM

Where do I enter partner distributions on a 1065 business return?

K1 Line 19 entries - Do they need to be entered manually in the form?

 

I'm using TT Business for a partnership and am not getting asked to input distributions for the K! Line 19. Is Line 19 required and do I have to manually enter that amount in the form itself?

0 1 1188
1 Best answer
Expert Alumni
Feb 8, 2024 9:03:14 AM

Partner Distributions are entered under Business Info >> Partner/Member Information. For each partner, enter the cash distribution received on the Member Capital page. TurboTax will carry that information to the related Schedule K-1.

1 Replies
Expert Alumni
Feb 8, 2024 9:03:14 AM

Partner Distributions are entered under Business Info >> Partner/Member Information. For each partner, enter the cash distribution received on the Member Capital page. TurboTax will carry that information to the related Schedule K-1.