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- Form 1065 - is anyone experiencing the nonrecourse loans, beg balance and end balance, not being recognized by Lacerte?
Form 1065 - is anyone experiencing the nonrecourse loans, beg balance and end balance, not being recognized by Lacerte?
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LJMoore
Level 1
01-25-2022
10:55 AM
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In our firm's Lacerte program, in partnerships, we are experiencing the nonrecourse loans not being recognized by the program. They are not appearing on the form Schedule L and the diagnostic is showing the state beginning and ending balances being out of balance by the loan amount. There is not a critical diagnostic for federal.
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