Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

How do I show fractional shares on the new section G of the K-1 of a Form 1065?

Level 1

I have .5 owners on Form 1065 and the K-1 rounds up to 1 share.  Is there a way to show fractional ownership?

Labels (1)
0 Cheers
2 Replies 2
Level 15

Enter .5 percent as 00.5 - It does not round since it goes as small as 0.000001


Level 1

Still shows 1 share when it should be .5 shares.

0 Cheers