1065: Reviewing Partner Data

You can review the partner’s ratios under the Partner Ratios Summary Tax Forms folder. If ratios do not foot to 1.00, amounts of total Schedule K-1 will not equal partnership amounts, and the system generates a diagnostic to inform you of this.

You must correct the ratios before amounts are allocated to the partners. You can view Beginning, Ending, and Default ratios here.

You can review all of the Schedule K-1 items for all partners in the Partner K-1 Columnar Review folder.

You can review Partner information in Tax Forms under the Partner by Partner Detail folder. All information for each partner is listed in the Forms List Window by partner.

Tutorials/1065_reviewing_partner_data.htm/TY2019

Last Modified: 08/27/2019

Last System Build: 06/18/2021