1065-US: Entering information for Schedule B, Question 4b (FAQ)

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:

Change to CS Support service hours

Our Support department is closed on [[date]]. However, limited UltraTax CS phone support is available on that date from 9 AM - 5 PM ET due to the approaching deadline.

Links to our most popular tax processing topics are available in the Alerts and notices section on the right side of most pages.


How do I enter information for Schedule B, Question 4b?


Enter the maximum profit, loss, or capital direct and indirect ownership percentages for passthrough partnerships and trusts in Screen K1 in the K1 1065, 1041 folder. UltraTax CS defaults the country of organization to United States if the Country of organization field is blank. To enter information for a passthrough entity when no Schedule K-1 is received, use the Interest in partnership or trust field in Screen OthInfo.

Related topic: Schedules B and B-1 FAQs (1065)

Share This