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Should 2018 Form 1065 Schedule K (K-1) Line 20 Code Z, computation of Sec 199A income, is not deducting Sec 179 (Line 12)? Lacerte is not.

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Employee
Employee

I've looked further and found that this was reported to our developers on the 22nd.  If you would like to be notified when issue INV-25078 has been addressed, you can contact support and make this request.  Otherwise, our program update schedule is listed below.  

Lacerte Release Schedule: https://accountants-community.intuit.com/articles/1738593&src=lsccom

You can also receive an email notification each time a program update goes live, by 'following' the ProConnect Lacerte Notifications - Lacerte Tax Program Updates for 2018 & Prior Years: https://accountants-community.intuit.com/announcements/1635976&src=lsccom

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@George4Tacks thanks for the heads up
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Employee
Employee

I've looked further and found that this was reported to our developers on the 22nd.  If you would like to be notified when issue INV-25078 has been addressed, you can contact support and make this request.  Otherwise, our program update schedule is listed below.  

Lacerte Release Schedule: https://accountants-community.intuit.com/articles/1738593&src=lsccom

You can also receive an email notification each time a program update goes live, by 'following' the ProConnect Lacerte Notifications - Lacerte Tax Program Updates for 2018 & Prior Years: https://accountants-community.intuit.com/announcements/1635976&src=lsccom

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