Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Add K-1 Proof Button Within K-1 Input

cancel
Showing results for 
Search instead for 
Did you mean: 

Add K-1 Proof Button Within K-1 Input

mullinscpa1

I have a lot of K-1's to enter.

Navigating after every one to Preview Forms, then Adjusted Basis Worksheet, then find that K-1 among a long list is a real waste of time.

Now that the IRS requires the capital section of the K1 to be tax basis, it would make sense that on the same screen where we enter capital contributed (the only extra entry sometimes needed), we could hit calc and it would have new fields showing the computed end capital balance so we can proof our K1 entries for that k1 while still inside that K1.   Otherwise it is a lot of clicks to navigate to how you have it to see that.   Further, on any excel, we always show the proof difference, in case it is not zero, so we can usually readily see maybe we missed an entry or such to speed correction

Thank you for your idea, it is open for voting. 

Status: Open for voting
Vote now if this is a good idea
1 Comment
IntuitGabi
Community Manager
Community Manager
Status changed to: Open for voting

Thank you for your idea, it is open for voting. 

Post comment