This article will help you enter state tax withheld or state estimate payments from a partnership or S-corp schedule K-1. For...

This article contains links to current trending topics in ProConnect Tax Online for individual (1040) returns. Click on a...

To report capital gains on the Form 1041 instead of the Sch K-1: Go to the Input Return tab. On the left navigation menu,...

Information on Basis Limitations for K-1 Losses. Definition The basis limitation is a limitation on the amount of losses and...

Enter the 179 expense reported to the partner on line 12 of Schedule K-1. This amount is limited to Business income on line...

Click on the states below for details on whether they support using eSignature for Form 8879 equivalents. This information is...

Schedule K-1 packages are available for pass-through business entities ( Partnerships, S-Corps and Fiduciaries). The K-1...

Important Note: For tax year 2019 not all states extended the filing deadline to July. The information below references the...

This article will help you determine where to enter amounts from a partnership K- 1, box 13, other deductions in an...

Click on a question below to view answers to frequently asked questions about the basis limitation. What is the basis...