sjrcpa
Level 15

"it needs to show on the MD K-1 as a subtraction" That is correct.

"I have entered the information in the appropriate fields in Lacerte (screen 44.271) in the 500LU section for "Coronavirus relief grant payment or loan forgiveness". This entry generates the critical diagnostic that the 500LU is not available. " I think Lacerte has this wrong re: the 500LU.

I've told all of mine they are being extended. Even if the 511 is released tomorrow, it won't be in the software tomorrow.

@swiftchariot Is Admin Release 6 redone yet? Last week's version was not in accordance with the law, nor were the 511 and instructions MD let "leak" ..


Ex-AllStar