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Where does lacerte get EAL Line 21 income from

1dseeley
Level 1
the 1040 return has 4 partnership k1s but there is not statement no backup for the eal entry lacerte put on line 21
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George4Tacks
Level 15

ELA? Section 461(l) excess business loss adjustments. Enter “ELA” and the taxable amount on the dotted line next to line 21. See Form 461 and its instructions for more information.


Here's wishing you many Happy Returns

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1 Comment 1
George4Tacks
Level 15

ELA? Section 461(l) excess business loss adjustments. Enter “ELA” and the taxable amount on the dotted line next to line 21. See Form 461 and its instructions for more information.


Here's wishing you many Happy Returns
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