Announcement

Collapse
No announcement yet.

K-1 Part 3 #20 Y* STMT

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    K-1 Part 3 #20 Y* STMT

    As it appears on the paper K-1: Y* STMT

    The nearest option my drop down menu has is: Y **other information**

    How about your tax software for I use ProSeries

    #2
    The software program won't know what the special codes mean - you need to review the other paperwork that comes with the K-1 and read the partner'S K-1 instructions to interpret where it goes - or even if at applies.
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

    Comment


      #3
      I don't think any software does since it can be anything. There should have been a separate page attached to the K-1 explaining that source of income.

      Comment

      Working...
      X