1120S K-1 is showing in box 17 code AC , all the S-Corps gross receipts. When transforming the K-1 input to the individuals tax return it calculating self employment income and taxes. How do I correct
Solved! Go to Solution.
Thanks, That is what I was going to do. I guess we are hoping Lacerte corrects this. I am in no hurry t do the Sub S corps or the individuals yet.
Thanks again for the quick response. Good Luck this tax season.