How do I manually enter the Beginning capital account section L on K-1 ?

[Taxpayer24680]

It is definitely a bug. When you are asked to enter the partner information it skips over beginning capital and asks for capital contributed or withdrawn. As far as filing electronically, I did do the override and I did file electronically.

[FiddlerOnTheRoof]

It is great to know we are able to efile after overriding... Then there is some misinformation on the internet regarding this issue.   Thanks for the info.  

[JJ_SLC]

SO FRUSTRATING.  Same problem here.  TurboTax, us business owners can't afford to have you making these mistakes in our tax programs!  COME ON - business taxes are due tomorrow and you still don't have your stuff fixed!

[sdooley56]

After doing multiple returns with Turbotax business for the last several years my advice is NEVER wait for them to do a fix before filing (it won't happen) and don't waste your time trying to call them or talk to one of their "experts" (they usually don't have an answer).  I've had the best luck with posting questions in the community section and doing my own research via the internet then using my best judgement.  Sometimes you just have to take a chance.  It's not worth the stress for something that may never be looked at.

[FiddlerOnTheRoof]

Very true.  I have a "California Adjustment" question on Turbotax Business and talked to 5 "experts" on the phone and nobody was able to help me, even after 90 minutes of investigation.  Now I have to file a California extension.  I will try to post my question in the community section too.

[JohnnyC59]

Ctr "D" is what is the key to getting into the areas that the program does not allow you to do. At least it worked for me. Thanks. 

[colleenouthere]

OH MY GOD FINALLY so on Forms View, before the individual Schedule K-1 there is "Sch K-1 Wks"  - this opens to partner number 1, and you can enter their beginning capital there THEN USE PAGE DOWN and it will go to the next K-1s in order.

[Mike9241]

are you asking about schedule L for the k-i's that appear in your personal tax return?   nice to keep track of inside tax basis but entries are not required and Turbotax does not use them for anything