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

How do you get Schedule B-2, part 2 of Form 1065 to populate. I can't figure out how to enter the S Corporation shareholders on Schedule B-2, part 2?

Diane539
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
itonewbie
Level 15

Doesn't seem like there's a way.  We probably need some help from the nice moderators of Intuit.

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

0 Cheers
6 Comments 6
itonewbie
Level 15

Doesn't seem like there's a way.  We probably need some help from the nice moderators of Intuit.

---------------------------------------------------------------------------------
Still an AllStar
0 Cheers
itonewbie
Level 15
@Intuit Austin Hi, Austin, we know we can trigger B-2 by checking the box under General > Other Information (Schedule B) > Election Out of the Centralized Partnership Audit Regime.  We know also that partners identified as S corp under Partner Information will flow through to the header of Part II on Schedule B-1.  What we can't figure out is how we can enter details of the S-corp shareholders in Part II.  Have looked through all the input sections but just can't find where we can enter the data.  Could you please help?  Thanks!
---------------------------------------------------------------------------------
Still an AllStar
0 Cheers
IntuitAustin
Intuit Alumni
@itonewbie Just spoke with support team about this, seems like this is a defect and was written up to our development since the fields are missing.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
0 Cheers
itonewbie
Level 15
Good to know we're not losing our mind.  Would you have an ETA for that?  Thanks again!
---------------------------------------------------------------------------------
Still an AllStar
0 Cheers
IntuitAustin
Intuit Alumni
It was actually reported this afternoon, no response from development yet. Once I hear back, I'll provide an update here

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
0 Cheers
itonewbie
Level 15
Thanks and will wait for your update then.
---------------------------------------------------------------------------------
Still an AllStar
0 Cheers