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- If in the return of 1065 amount of income and loss is not flowing as per ownership percentage then what to do?
If in the return of 1065 amount of income and loss is not flowing as per ownership percentage then what to do?
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nidhi@testutayl
Level 1
02-08-2023
11:28 AM
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In partnership return i add the profit percentage and ownership percentage in partners information but still amount of profit and loss is not flowing in k-1 ordinary income as per profit percentage of partners.
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George4Tacks
Level 15
02-08-2023
12:23 PM
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Did you enter both beginning and ending partners percentages and ownership?
Here's wishing you many Happy Returns
nidhi@testutayl
Level 1
02-10-2023
06:39 AM
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Yes, I did
George4Tacks
Level 15
02-10-2023
11:05 AM
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Either call or chat with support. https://proconnect.intuit.com/support/en-us/help-article/intuit-account-settings/contact-proconnect-...
Here's wishing you many Happy Returns
