Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Form 1065 K-1 Line 16
Form 1065 K-1 Line 16
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
pls
Level 3
01-28-2021
10:20 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Form 1065 K-1 Line 16, Foreign Transactions - it is filling in codes AA - AD, which are gross receipts for the current and preceding 3 years for this partner, who is a corporation. There is no foreign income for this partnership and this partner is not foreign. Why is it filling this in? Is there a way to fix it?
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
kenzcpa
Level 2
01-29-2021
11:02 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am having this problem also with K-1 partner # 2 on each partnership return I have prepared!
I reported this to Lacerte a week ago with a tech assistant on the phone who could not understand
it either. Yesterday I spent 45 min on hold to report it again but Hung up.
This is a serious matter and needs a software fix by Lacerte ASAP!
