Drake Tax - 1065: Distributions to Partners

Article #: 10587

Last Updated: October 21, 2024

 


Tags: Drake Tax

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How to enter an amount for the distribution to partners

Distributions to partners are entered only on the K screen under the AMT and Other Information tab.

  • A direct entry may be made on line 19a for Distributions of cash and marketable securities.

  • Links to the Property Distributions screens for lines 19b or 19c are also located on the K screen.

  • Amounts entered here will flow to each partner based on their ownership percentage.

  • Special allocations may be made using the SA link beside the applicable line. See Drake Tax - 1065 - Partner Special Allocations for more information.

Tip  If the distributions are not showing as expected, contact Drake Support for assistance at (828) 524-8020.