Note: this selection causes all amounts to be printed on line 2b limited partners even if you have indicated a general partner in K1 data entry.The partnership entity type is indicated by checking one of the following options on the B screen, line 1: "Īmounts flow to row 2a or 2b based on the Partnership entity type, and whether the partners are General or Limited Partners. The sum of the amounts shown on line 2 must equal the amount shown on line 1. Per the IRS 1065 Instructions, "For each type of partner shown, enter the portion of the amount shown on line 1 that was allocated to that type of partner. The Analysis of Net Income is reported on a 1065 return (page 5 in view mode): ![]() ![]() Where is the analysis of net income or loss for a 1065 reported?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |