Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

How to add an adjustment to SE income flowing from a Schedule K-1 in Lacerte?

asosolik
Level 1

Form 1065 schedule K-1 with SE income reported in box 14a that also has section 179 and section 754 amortization.  The software is automatically reducing the SE income by the section 179. I have entered the section 754 amortization as an other nonpassive loss in the separately stated income and deductions section.  I also have unreimbursed partner expenses in that section.  The UPE is reducing SE income automatically, but the section 754 entered in other nonpassive loss is not.  Any way to make an adjustment to schedule SE for other deductions?  I cannot seem to find a way other than directly reducing the SE income entered in box 14a.

0 Cheers