Adding interest distributions from partnerships is quick and straightforward in TaxTank! Simply follow the steps below to track your income accurately and keep your financial records up to date in just a few clicks.
Open the Holdings Tank and go to the Income tab.
Click the Add button and fill in the details:
Amount: Enter the net amount of interest distributed.
Date: Specify the date you received the distribution.
Category: Choose Interest distributions from Partnerships.
Description: Provide a reference for the distribution.
Payer: Select the payer or create a new one using the + Add Payer option.
Edit or Delete: To make adjustments, click the pencil icon to edit, or click the bin icon to delete.
