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Screen WIKSup - Wisconsin Schedule 3K and 3K-1 - Supplemental Items (1065)
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Supplemental Items
Description
Enter a description of up to 1 line in the
Description
field. If more space is needed, access the related statement. The description appears in the appropriate schedule as indicated by the print condition specified in the Prt Cdn
field. In addition, if an item is specially allocated, the application transfers the first 45 characters of the 1st line of the Description
field to Partner Information. To view this information, select View
, Partner Information
, then Allocation
.Amount
Enter an amount that corresponds to the description entered. Note that this amount is not part of the statement attached to the
Description
field; any amounts entered as text in the statement don't transfer to this field. This amount may be included in the calculation of Form 3, Page 3, line 22 by selecting the appropriate code in the Prt Cdn
field.Specially Allocate
Select
Ptr Alloc
to specially allocate an item to the partners using ratios different from the profit-sharing percentages.Prt Cdn
Enter the print condition for the supplemental information. The item may be printed with Form 3, Page 5, line 20c and / or on Schedule 3K-1, line 20. Specify if the amount is to be included in calculating Form 3, Page 5, line 22. The default is to print the item with Form 3, Page 5, line 20c and on Schedule 3K-1, line 20. Use F4 to display the fieldview list of available options.