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Level 2

Work sheet for calculating partnership basis?

Hi,

 

Does Turbotax have a worksheet for calculating the basis of a partnership? I haven't been able to find one.

 

Thanks,

 

Mike

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Level 15

Work sheet for calculating partnership basis?

There is a worksheet on page 3 in the Partner's instructions for Schedule K-1.

 

See https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf

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Highlighted
Level 15

Work sheet for calculating partnership basis?

There is a worksheet on page 3 in the Partner's instructions for Schedule K-1.

 

See https://www.irs.gov/pub/irs-pdf/i1065sk1.pdf

View solution in original post