Filling out Form 1065, Schedule K-1 in ProConnect

This article will help you are working on a 1065 return and you need to enter an amount for Form 1065, Schedule K-1, line 11F.

How to fill out Form 1065, Schedule K-1, line 11F:

1. From the Input Return tab, go to Schedule K ⮕ Other Schedule K Items.
2. Under the Income (Loss) section, select Other income (loss) (Click on button to expand).
3. Under the K-1 CODE (CLICK ON ARROW TO SELECT) dropdown, select F=Other income (loss).
4. Enter a Description.
5. Enter a dollar amount for Federal and/or St. if diff (-1=none), if applicable.