I have a client with a Partnership K1 and K3. The K3 is all US sourced. The sales and interest from Part II Section 1 of the K3 are entered. My question is that there is Expenses Allocable for Sales Income on line 25 on Part II Section 2 of the K3 and I do not know where in Proseries this goes or if it needs to be included at all. Does anyone know where I enter this? I do not want to get it wrong.
Thank you in advance!!
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