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

Form 1065 Partnership Equity

Highlighted
Level 1

I am preparing a Form 1065 for a partnership with 3 equal partners.  I inputted the allocation for each as 33.33333%.  The total is computing as 99.99999%, generating an error.  How do I compute to 100% with the 3 partners having equal share?  Thank you. 

Labels (1)
0 Cheers
2 Replies 2
Highlighted
Level 15
Level 15

You cant split 100 in 1/3s exactly...someone needs a to be 33.33334%


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Highlighted
Level 8

put your favorite partner at 33.3334%,,,, they will thank you decades later.

If an answer solves your issue, click on the "Accept as Solution" button! Makes it easier for people to find answers to similar questions that have already been posed.