TaxMe
Level 2

In the Individual module how to enter a Partnership K1, line 13, code V (re 743b)? It should act to reduce income and also reduce QBI? It appears the Lacerte input is still coded to deal with DPAD, not 743b

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PhoebeRoberts
Level 11
Level 11

The 743(b) adjustment should have already been made to the amounts in Box 1.

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