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Entering capital gain dividends for a corporate or S corporate return in Lacerte

SOLVEDby IntuitLacerte Tax8Updated 1 month ago

Follow these steps to enter capital gain dividends or distributions in the Corporate module:

  1. Go to Screen 15Dispositions (Sch. D/4797/etc.).
  2. Select Carryovers/Misc Info. from the left navigation panel.
  3. Under the Schedule D (Miscellaneous) section, enter the Capital gain dividends.
    • This amount will flow to the Schedule D, Line 14.

Follow these steps to enter capital gain dividends distributions in the S-Corporate module:

  1. Go to Screen 23Dispositions (D, 4797, etc.).
  2. Select Miscellaneous Info. from the left navigation panel.
  3. Under the Schedule D (Miscellaneous) section, complete any applicable entries under the Capital Gain Dividends subsection.
    • The amount entered in Total for year will flow to Schedule D, line 13.
    • The amount entered in 28% rate will flow to Form 1120S, Schedule K, line 8b.

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