Nicholas923
Level 2
12-07-2019
09:37 AM
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I have a K-1 with a FICA TIP credit...I entered the TIP credit however the Pro Series Basic software does not have a Form 8846 which I understand is where this amount must flow to. Please help me enter this tip credit for a personal tax return. Thank you
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itonewbie
Level 15
12-07-2019
09:37 AM
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Do you find the corresponding line item on the K-1 input screen for 1065 K-1 Line 15/1120S K-1 Line 13? If so, you should select "N" for the credit and it should flow directly to F.3800 and not F.8846.
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Nicholas923
Level 2
12-07-2019
09:37 AM
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Thank you...it worked
itonewbie
Level 15
12-07-2019
09:37 AM
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NP, @Nicholas923!
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Still an AllStar
Still an AllStar
