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Where do elimination entries get recorded on a consolidated corporate return? I have 1 sub, and 1 parent. I have the 2 separate corporate tax files and the consolidator corporate tax file. I've looked everywhere through all 3 files and I can't find it. I haven't prepared 1 myself in a while. I've forgotten where the eliminations are originally entered, and a correction is needed.
Thanks in advance!
J Meyer
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See if this article helps:
"Level Up" is a gaming function, not a real life function.
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That actually doesn't help when the client has already been setup. The worksheets 3.2 and 3.1 don't exist. However, I did find what I needed in Lacerte so everything's fine now.
Thank you for trying!
Jody
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"However, I did find what I needed in Lacerte"
Would you post the info, then? This is a peer community; you might be helping the next person who is searching as you did.
"Level Up" is a gaming function, not a real life function.
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For some reason I didn't see that the place to enter the eliminations is in Worksheet 3.1 in the Consolidated Eliminations section. I know I looked at the worksheet earlier, but I didn't see this section until after I posted my question.
