How do I enter a transfer of interest in a 1065 return using worksheet view in CCH Axcess™ Tax and CCH® ProSystem fx® Tax?

This video covers the steps involved in entering a transfer of interest in a 1065 return.

  1. Go to Partners > Transfers of Partner Interest/Capital.
    • Select Section 2 - Changes in Partners' Interest and Transferring Information.
      • In Line 1 - Date 1, enter the date of the first change.
        • Note: Enter the dates in chronological order.
      • In Line 2, do the following:
        • In the Partner Number column, enter only the partners involved in the change.
        • In the Resulting Percent/Units column, enter the percent or the number of units the partner will have after the transfer is done.
    • Repeat these steps as needed for each transfer.
  2. Calculate the return.

See our article on how to enter the Transfer of Partner Capital using worksheet view.

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