HandiTax can automatically transfer the partnership distribution to a partner in your database. To do this, follow the steps below:
Log in to HandiTax.
Select the client and open the tax return.
Double click on Main form P and scroll down to Statement of distribution Item 54, then enter the Tax file number of the partner.
Complete the Distribution Fraction value or percentage to automatically populate the fields for Share of Income or enter manually.
Close the partnership return.
In your client database, locate the individual/partner and click Select.
Open the tax return and double click on Partnership Income.
In the Distribution Details section, type in the TFN of the Partnership and type Y into Auto Transfer?
Amounts should now automatically flow through from the partnership.