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How do you find know issues with TT?

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

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3 Replies
AliciaP1
Expert Alumni

How do you find know issues with TT?

Please clarify - what are you having an issue with?

 

@Fey42 

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How do you find know issues with TT?

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
Expert Alumni

How do you find know issues with TT?

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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