If it reduces ordinary income, you'll need to use it to reduce those 2 partners share. You'll specially allocate everyone's Line 1 income. Do the computation in a spreadsheet.

Thank you, but that is not very effective.

To actually overwrite 14 k-1's.

Other software brands accomodate this.

Pro Series should offer a solution.

There's nothing "Pro" about this software. This is a basic function for a partnership, to allocate items of income, deductions, credits, etc. and the fact that this software can't do that, is seriously ridiculous. And the only reason why anyone uses this software must be because they have no idea what they're doing, or they don't mind wasting time creating spreadsheets and overriding everything.

Why didn't the 2 partners loan the money to the p-ship and then get reimbursed?

"There's nothing "Pro" about this software" "And the only reason why anyone uses this software must be because they have no idea what they're doing, or they don't mind wasting time creating spreadsheets and overriding everything."

Gee.... bashing the software and telling us we're all idiots  ...you're on a roll @TexCPA 

Tex also uses the software, so I believe that would mean Tex is a paying member of the Idiot's Club.  I don't remember paying dues to the club but I'm guessing they must be part of the Fast Path Fee.

I use this software against my will. Thanks. Sorry, but you likely have no idea what you're missing.