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- I have a partnership client that has received a K1 from an S corporation. Where do I enter this in Proseries?
I have a partnership client that has received a K1 from an S corporation. Where do I enter this in Proseries?
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ericstone_1999
Level 1
06-01-2023
01:39 PM
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dascpa
Level 11
06-01-2023
01:47 PM
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An S corporation cannot have a partnership as a stockholder. It is most likely that the S corporation election has been nullified by them admitting a disallowed entity. Please dig further into this situation before proceeding.
