rmalloy
Level 1
05-27-2021
04:22 PM
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We acquired a new client that has a postponed gain from casualty or theft and I am trying to figure out how to enter that in Lacerte that it carries forward till they need to recognize it. How do I do that?
Solved! Go to Solution.
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George4Tacks
Level 15
05-27-2021
04:58 PM
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Use NOTES to attach the required statement.
https://www.irs.gov/publications/p547#en_US_2020_publink1000225390
Here's wishing you many Happy Returns
