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Partner information and Schedule K-1
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This article applies to:

  • Product: GoSystem Tax RS
  • Return type: 1065 Partnership
  • Subject: Partners

Remove negative capital from Schedule K-1 item L

How to remove negative capital from the Schedule K-1 Item L Reconciliation of Income statement.
  1. Navigate to
    Organizer
    Balance Sheet & Reconciliation
    Sch. M-2
    Other Increases/Decreases-Detail
    Other Increases
    .
  2. Remove the data entered here.

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