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- Where do I enter capitlal contributed during the year for a partnersip in an individual return?
Where do I enter capitlal contributed during the year for a partnersip in an individual return?
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TaxGirl11
Level 3
3 weeks ago
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My client has a new K-1 for a partnership. He contributed capital at the beginning of the year. Where do I enter the amount contributed?
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TaxGirl3
Level 5
3 weeks ago
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In the K-1 input screen, the "Basis Limitation" section.
-1 for "Adjusted Basis at beginning of year" and $ amount contributed in "Additional amounts invested in activity in current year"
