Level 2

Thank you,

I was the one that prepared the 1120S and Lacerte automatically put the code AC on line 17, but when you preforma the K-1 to the personal, it doesn't transfer, but it is still on the K-1. On the personal side the codes relate to self employment. I don't want it to be on the k-1 and not enter it, then get a letter from the IRS saying the client owes the self employment tax.


0 Cheers