Norman2001
Level 7

If you look at page 4-5, every line has a special allocation box next to it.  Click on one of these boxes and press F1; a help screen pops up.  The help page could have been done better, but it can get you started. Be sure and click on all of the blue links on the help page. 

For example, 

On page 1-3 enter 10,000 in Box 1a (gross receipts)

On page 4--5 Sch K, line 1 has 10,000

Click on the SA box and enter the number 1

Double click on the same SA box and it takes you to the Sch K-1 worksheet for partner 1. 

Under the Special Allocations area, By Ratio, #1.  enter 27. (your %)

Go to the other partners K-1 worksheet and enter 73 (remaining %)

Review the K-1s to see if they are correct. 

For Distributions, you can directly enter the distributed amount on the partner's K-1 worksheet

Sorry, but I'm not an expert at this.  

 

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