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Article #: 13803
K-1 override fields
Beginning in Drake15, the many overrides on the 1065 K-1 screens have been removed. The “Other” overrides are now adjustment fields and are located on the tabs of the screen K. Special allocations can now be made on the SA window on screen K.
Each tab on screen K includes more “Other” items. These tabs include “Other Income,” “Other Deductions,” “Other Credits,” “Other AMT,” and “Other Information,” which allows for a more detailed supplemental K-1 statement.
An example of “Other Income” on screen K.
An example of the field items are included on the Federal Supporting Statement below.
