Partnership equity account -tax line mapping?

S

smsm

Joined
Nov 24, 2014
Messages
1
Reaction score
0
Hello everyone.

I am very new to this forum. Please help me with tax line mapping in QB.

My husband and I opened a general partnership. So we both contributed $5000 each to our partnership. I added that to Partner 1 and Partner 2 equity accounts.(I hope that is correct). Now my question is what tax line mapping should I assign to these two equity accounts. Any help would be really appreciated.
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA 60/40 partnership LLC with an imbalance in contributions 2
USA Partnership purchases partner's interest and is now a single member LLC - how to show on final return 1
USA Partnership Investment (And reflection on tax forms) 1
USA taxes on Short term rental ownership in Limited partnership 0
USA Reclassifying S-corp as partnership after electing S during formation this tax year 0
USA Reorganizing from a Sole Prop to Partnership 0
USA Withholdings on Foreign Partner's Share of Partnership Pass-Through Income 0
Australia Partnership Financials with Negative Equity Account 0

Top