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March 12, 2025
Question

Where do I enter Owner's Draw on my 1065?

  • March 12, 2025
  • 1 reply
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    1 reply

    March 12, 2025

    Are you asking about guaranteed payments or owner distributions?  If you are asking about guaranteed payments, they are entered in box 4 of the Schedule K.  If you are asking about distributions, they are in box 19 of the Schedule K-1.  To enter them in TurboTax Business, you will enter them in the individual partner section. 

    The guaranteed payments will then be reported on line 10 of the 1065.  The regular distributions will be a part of the overall partner distributions. 

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