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1065 FORM K-1 LINE13S ENTRY

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Level 1

Is it possible to do a manual entry of this line item with ProSeries Basic?

Where do I do this?

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3 Replies 3
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Level 15
Level 15

I found this on google...might help you find your way to where it goes

https://taxmap.irs.gov/taxmap2014/pubs/p535-034.htm#:~:text=You%20elect%20to%20deduct%20qualifying,P...


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 1

I wasn't clear with my question.

What I need to know is where to make the manual entry in the Pro series basic program because it

does not do the automatic calculation when I put the item on line 13S.

Is this even possible?

 

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Level 15
Level 15

Even Professional says you have to make the entry manually...Pub 535 explains this reforestation deduction. 

Ive never had one of these, so I'd have to research it the same as you, only you're getting paid to do it.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪