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63d allocation between partners
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Kpeabody
Level 2
09-09-2022
09:45 AM
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Client is a MA partnership that made payments for the 63D. Partnerships have 2 partners one that is a MA resident and is materially active, the other lives aboard and is a passive partner.
When I first reviewed the 63D information I could of thought that it was possible to allocate the full 63D credit to a single partner. However after reviewing the code before filing this return I can't seem to find this source again. Is this something that is allowed or does it have to be split between the parts via their normal split?
If it is allowed, how does one do this in proseries?
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