Terry D EA Posted February 2, 2016 Report Share Posted February 2, 2016 Anyone out there using OneDesk or OltPro and completing a partnership return? On page 5, Sch M-2, I cannot find where the input for the partner beginning basis is located. I have filled out the K-1 partner basis, beginning, ending, increase/decrease. Still cannot find where the input is. Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted February 9, 2016 Author Report Share Posted February 9, 2016 For anyone who wants to know. I did find the input for the partner beginning capital account on the Sch M-2. This return did not have a balance sheet in it from the previous year. The partner capital account on the balance sheet for the previous year is where the beginning basis input is. Quote Link to comment Share on other sites More sharing options...
mrichman333 Posted February 10, 2016 Report Share Posted February 10, 2016 Thanks Terry. Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted February 10, 2016 Author Report Share Posted February 10, 2016 Quote I must have worked on this return too long. I keep saying basis and it is the partner's beginning capital account. Forgive me. Quote Link to comment Share on other sites More sharing options...
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