Yes, you can enter Box 13D Noncash Contributions for Schedule K-1 using Forms Mode.
- Click the Forms icon in the TurboTax header.
- Look for "K-1 Partner" in the left column. Click the form name to open it in the large window.
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If you don't see this form in the list, you may need to open a new copy by clicking on Open Form and typing in "k-1". Name the worksheet the same as your partnership name. Then fill in the partnership info at the top of the worksheet before you continue.
- Scroll down to Line 13.
- Click the drop-down under Code and select "D". TurboTax automatically enters the description for Noncash contributions (30%).
- Enter the amount of the total contribution in the pink box.
- To verify the allocations, open each Schedule K-1 and confirm the code and amount on Line 13.
- When you're finished, click "Step-by-Step" in the header to return to the interview.