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Future of professionals report 2025
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Screen MEKSup - Maine K-1 Supplemental Items (1065)
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Supplemental Items
Description
Enter a description of up to one line in
Description
. If more space is needed, access the related statement by selecting Ctrl+E. The description appears in a statement for Schedule K-1, ME Partner’s Share of Modifications and Supplemental Info Worksheet. In addition, if an item is specially allocated, UltraTax CS transfers the first 45 characters of the first line of Description
to Partner Data Entry. To view this information, choose View, Partner Information, and select Allocations.Amount
Enter an amount. Note that this amount isn't part of the
Description
statement. Any amounts entered as text in the statement don't transfer to this box.Specially Allocate
Select Ptr Alloc to specially allocate an item to the partners using ratios different from the profit-sharing percentages.