Lavanna
Level 1
‎03-14-2019 02:17 PM
IRS instructions indicate that if an S Corporation has more than one trade or business to enter an asterisk (*) on each shareholder's Schedule K-1 next to Code V and enter STMT in the right column. I cannot figure out how to enter this in the Lacerte program. The IRS instructions specifically state not to enter the sum of the amounts from multiple businesses. I cannot get Lacerte to do anything other than that. Thank you
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