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Level 4
April 8, 2023
Question

How do you find know issues with TT?

  • April 8, 2023
  • 1 reply
  • 17 views

I am convinced TT Premier has issues with data entry for K-1s.

Is there somewhere that you can find where TT Premier will acknowledge known flaws?

Or do they just hide them?

 

Thanks, Fred

    1 reply

    AliciaP1
    Level 13
    April 8, 2023

    Please clarify - what are you having an issue with?

     

    @Fey42 

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    Fey42Author
    Level 4
    April 11, 2023

    Specifically K-1 data entry Part II boxes M & N, plus Part III boxes 22 & 23.

    They are not in the Step by Step or the Forms.

     

    Again you have not answered my question.

    PatriciaV
    Level 15
    April 11, 2023

    There are no specific entry points for the Schedule K-1 lines you listed above. You may wish to consult the Partner's Instructions for Schedule K-1 (Form 1065) for specific help in using this information. 

     

    These items are generally related to Section 704(c) gain/loss from the contribution of property with a built-in gain/loss or passive activity limitations. If you are not familiar with these tax rules, you may wish to consult with a local tax expert who would be more familiar with your specific tax situation.

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