How is Supplemental Information entered for an 1120S Federal K-1?
It can be entered for specific shareholder(s), or for all shareholders.
For Specific Shareholder(s):
- From the detail view, go to Screen 34, (K-1 Supplemental Info.(Per S/H)).
- Select a Shareholder.
- Click on the entry field, and press Ctrl+E.
- Enter the desired information, and click on OK when done.
- Repeat steps 2 to 4 as needed.
For All Shareholders:
- From the detail view, go to Screen 35, (K-1 Supplemental Info.(All S/H)).
- Click on the entry field, and press Ctrl+E.
- Enter the desired information, and click on OK when done.
The above procedures will produce K-1 Supplemental Information for 1120S for either Select shareholder(s), or for All shareholders.