Discussion:Proseries 1065 - Distributions of cash in excess of income

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Discussion Forum Index --> Tax Questions --> Proseries 1065 - Distributions of cash in excess of income

Gmikeg (talk|edits) said:

10 March 2006
Hi all.

I have a 1065 and k-1 question. Both partners on a 1065 both received cash in excess of theiir proportionate share of the (1065) line 22 income. Where do I enter this in Proseries?

Dennis (talk|edits) said:

10 March 2006
Distribution smart worksheet (1065 p3-4)

Gmikeg (talk|edits) said:

10 March 2006
Oh, there it is....Thanks!

And, last year, they didn't do the L, M, N things, so I got to rip their books apart for basis, and everything else. Is all we do is clean up other people's messes? LOL


Mike

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