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

Confirming where you enter the Net Section 481(a) adjustment in Lacerte

gobaer
Level 2

For a change in accounting method - I am assuming that if the adjustment is negative # then would enter it as a deduction on the deduction screen - if the 481(a) adjustment is  a possitive # then it goes under Other Income screen for an S-Corp?

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

4 Comments 4
sjrcpa
Level 15

That's what I do.


Ex-AllStar
gobaer
Level 2

Thanks!  Much appreciated!  You're a Rock-Star! 

0 Cheers
sjrcpa
Level 15

You're welcome. 


Ex-AllStar
0 Cheers
sjrcpa
Level 15

We don't have a "blushing" emoji anymore.


Ex-AllStar
0 Cheers