Alliance Capital K-1
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Alliance Capital K-1 Our club holds shares (units) of Alliance Capital (AC), a publicly traded partnership, and we recieved a K-1 from them, how do I enter this into Bivio so I can generate correct K-1's and 1065 for the club? I'm not aware of any way to enter the K-1 in Bivio, but it may be possible. I just wanted to point out, if you were not already aware, that the distributions you receive from Alliance should not be recorded as a dividend. The only income/(loss) you pick up is off the K-1. Timothy E Flavin III wrote: > Our club holds shares (units) of Alliance Capital (AC), a > publicly traded partnership, and we recieved a K-1 from > them, how do I enter this into Bivio so I can generate > correct K-1's and 1065 for the club? |
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