Received a K-1 from 1065, for client's 1065 I'm working on. The K-1 received has an amount in the Qualified Non-recourse Financing section but there is no where to place this amount in my input screen. I believe this amount gets reported on the B/S input screen of my tax software under the "All non-recourse loans" so it correctly carry's forward to all the K-1's my tax return generates. I appreciate any assistance, thank you.
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Received K-1 from 1065, for another 1065 with non-recourse loan.
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