kgreen8393
Level 5
07-08-2021
10:57 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Why doesn't Lacerte include the Oregon Schedule K-1 for Partnership's (Form OR-K-1). The State of Oregon website includes this Form which details income by type with columns for Federal and Oregon source.
All Lacerte allows is a "partner summary" which only details share of additions or subtractions and doesn't list Oregon Source Income. A partner receiving this Partner summary with their Federal Schedule K-1 does not know how much Oregon income to report. This is crazy.
It is critical to have the Oregon K-1 listing Oregon source income where you have special allocations of income according to partnership agreements.
Why won't Lacerte include the Oregon Form OR-K-1?
Labels