Screen KSup - Schedules K and K-1 - Supplemental Items (1065)

Supplemental Items

Enter descriptions up to one line long. For more space, access the statements by pressing CTRL+E. The application uses these descriptions to generate a statement item in the appropriate schedule as indicated by the Prt Cdn code. The descriptions appear on Schedule K-1, Other information and/or on a schedule attached to Schedule K, Other items and amounts.
Enter an amount as appropriate. Amounts you enter in the statement for the
Description
field do not transfer back to the
Amount
field.
Select the Ptr Alloc button to specially allocate an item to the partners using ratios different from the profit-sharing percentages.
You have the option to include the item on Schedule K, Other items and amounts and/or on Schedule K-1, Other information. By default, the item prints in both schedules.
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