I bought more units of an MLP in 2018, but Turbo Tax did not ask me for additional capital contribution. What did I do wrong? How do I add to my capital contribution?

[nexchap · Accepted solution]

For some reason known only to TT, it asks about your Capital Account when you first enter an MLP, but not when you're editing one you imported from a prior year.  However, you can update the Capital Account in 2 ways:

- Go to Forms mode, find the Worksheet for the K-1, and enter the values directly there.

- If you go back to the K-1 section of the interview, where it shows a list of all your K-1s with an "edit" button next to each one, choosing "Edit" will walk you through the questions about the Capital Account (along with everything else).

I find using the Forms method to be simpler.