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Common questions about Corporate Controlled Group (Schedule O) in Lacerte

SOLVEDby IntuitLacerte TaxUpdated July 13, 2022
  1. Open Screen 9, Controlled Group Apportionment.
  2. In the Member list, select Group Information.
  3. Select the Carry Apportionable Amounts to Tax Return checkbox.

The program carries apportionable amounts to the member whose entry in ID Number matches the entry in Federal ID Number in the Client Information screen..

  1. Open Screen 9, Controlled Group Apportionment.
  2. In the Members list, click the Add button.
  3. Enter information in the General Information and Apportionment Amounts sections.
  4. Repeat steps 2 and 3 for each member

Related articles:

Diagnostic 39022 - The calculated tax liability may be too high, as this corporation has not been allocated any lower tax rate bracket amounts in the Controlled Group screen.

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