I have a client that received a Form 1065, K-1 with amounts labeled 20AH1 and 20AH2, and I don't know where to input them. I was on the phone with Lacerte yesterday and the representative could not help me. The 20AH1 is labeled "Gross Receipts" and the 20AH2 is labeled "E&P Depreciation Adjustment". These are Federal only entries. Are there any suggestions?
E&P (Earnings & Profits) adjustment is only applicable if your client is a corporation.
Gross Receipts is included anywhere you need Gross Receipts on a Form or schedule.
You actually called support over this?