Form 1065, Schedule K, Item I - what type of entity?
LacertePartnership - for schedule K-1, Item I - what type of entity is a pension/profit sharing plan


Partnership - for schedule K-1, Item I - what type of entity is a pension/profit sharing plan

It is an exempt entity. Lacerte has several options that is the one that fits. My employee benefit plan clients get K-1's that say Emp Benefit Plan but Lacerte does not have that option.


The exempt box on Lacerte reads "exempt org" in Item I - is this correct for pension/profit sharing plan that is a partner?