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Individual screen 20.1 input for partnership K-1 should include spaces for K-1 boxes M and N input

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Individual screen 20.1 input for partnership K-1 should include spaces for K-1 boxes M and N input

contador1

A client did a like kind exchange of real estate for an interest in a Delaware Statutory Trust REIT.  He had a built in gain re the property he contributed re the like kind exchange.  It was listed in boxs M and the amount in box N of the K-1 he received from the DST REIT, but there is no place to list this on screen 20.1 module of the individual tax program.  

Ironically, if I was doing the DST REIT partnership return, there are places in the partnership program for me to list these items.  Please fix.

Jeffrey Rothman, CPA

 

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