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Schedule K-1 tax question
In trying to do our club's taxes does anyone else have any
porblem with having line J automaticay fill in on the
schedule k-1s. It has to do with the capital accounts of the
club. Is there something I need to do to make that happen?
Thanks,
K
Karen,

If your club answered "yes" to Form 1065, Schedule B,
Question 5 then you do not fill out line J on Schedule K-1.

If your club answered "no" to the question, you'll have to
wait for a reply from bivio tech support.

Ira Smilovitz
Lakshmi Investments, LLC

Karen Storey wrote:
> In trying to do our club's taxes does anyone else have any
> porblem with having line J automaticay fill in on the
> schedule k-1s. It has to do with the capital accounts of the
> club. Is there something I need to do to make that happen?
> Thanks,
> K