LSTAX
Level 4
12-07-2019
01:25 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I'm trying to figure out the lacerte message ref #51583 for sec 199A the program assumes ordinary income.... less allowable sec 179 expense represent QBI. This partnership has a very small loss and then shows the prorated asset which was not disposed of. I supposed it is qualified property. Is this just sending the information to the K-1 in case partner needs to use? Any help appreciated.