Resolve differences between amounts on Schedule B and the K-1

There may be times where you get diagnostics and/or Schedule B amounts don't agree with amounts on Schedule K-1.
In
Tax Forms
, review data in the
Beneficiary Reconciliation
to help detect the problem.
In Organizer, go to the
Schedule K-1 Review
screen to compare detail per the K-1s against the amounts on Schedule B.
Differences are usually due to incorrect input of special allocations, or overrides, or excess deductions. If gains are being distributed, and Schedule D distribution exceeds DNI on Schedule B, consider Compute Option 205 to allocate expenses last against distributed gain. We don't normally offset expenses against gains.
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