Enter information for Schedule B, question 3b
Do the following to enter for information for passthrough partnerships and trusts on Schedule B, question 3b:
- Enter the maximum profit, loss, or capital direct and indirect ownership percentages in theK1screen,K1 1065, then the1041folder. UltraTax CS defaults the country of organization to the United States ifCountry of organizationis blank.
- Enter information inInterest in partnership or trustin the OthInfo screen for a passthrough entity when you didn’t receive the Schedule K1.