Partner basis FAQs

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.

The following includes answers to common questions about partner basis.

Where do I enter partner basis information?

Why do the Schedules K-1 state that there is a distribution in excess of partner basis?

How does UltraTax CS calculate the increase (decrease) in the partner's share of liabilities?

How do I share partner basis information to 1040 returns?

What liabilities are used to calculate the partner's increase (decrease) in share of partnership liabilities?

Related topic: 1065 Frequently asked questions

Share This