• CCH ProSystem fx Tax
• CCH Axcess Tax
• 1065

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1. Go to Partners > General Options worksheet.
2. Expand Section 2 - Schedule K-1 Calculation Options.
3. In Line 30 (Interview Form 5A, Box 94) - Code to include or exclude partners' guaranteed payments for services and capital from Schedule K-1, item L and Schedule M-2, select from the following options:
   • Option 1 - Include all guaranteed payments in current year net income amounts - This is the default option and will include all guaranteed payments in the calculation of the current year net income(loss).
   • Option 2 - Exclude all guaranteed payments from Schedule K-1, Item L and Schedule M-2 - No guaranteed payments will be included in the calculation of the current year net income(loss).
   • Option 3 - Exclude guaranteed payments for services from Schedule K, Item L and Schedule M-2 – The guaranteed payments for services will be excluded from the calculation of the current year net income (loss).
   • Option 4 - Exclude guaranteed payments for capital from Schedule K, Item L and Schedule M-2 - The guaranteed payments for capital will be excluded from current year net income (loss).
4. Calculate the return.

1. ProSystem fx® Office Manager > Configure Applications / CCH Axcess™ Dashboard > Application Links > Return Configuration Sets.
2. Select the relevant Office Group / Return Configuration Set.
3. Select Miscellaneous Options.
4. In Field Reserved for future use 1, input applicable of Options 1-4 listed above.
5. Select OK / Save and Close, to save this change.
6. The option code will be the default selected the next time a return assigned to the Return Group / Return Configuration Set is opened and calculated.

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