Why is Section 179 Expense Deduction not showing on the Schedule K, Schedule K-1, or the Schedule M-2, line 5? The elected...

Information on Basis Limitations for K-1 Losses. The basis limitation is a limitation on the amount of losses and deductions...

When an S corporation sells or disposes of an asset for which a Section 179 expense deduction was previously taken, the...

This article will help you understand when, and how to use the different sourcing options available on the K-1 in Lacerte....

Line 20, code AH is for various other information items Lacerte does not have one specific entry field for Line 20 code AH....

Select the following deduction codes from the table as they pertain to Other deductions (Line 13) on a K-1. For those K-1...

Federal: K-1's from partnerships: K-1's from fiduciaries: States specific articles: Schedule K-1 Input for an Individual...

Follow these steps to change the Schedule K-1 distribution options for all clients: From the Settings menu, select Options ....

Before e-filing, make sure Form NYC-1127 is generated as part of the return. See Generating New York Form NYC-1127 for...

Reporting Form 1099-K transactions separately isn't required, but the client may receive an IRS notice if the gross receipts...