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Entering section 512, 513, or 514 exclusions for 990's in Lacerte

SOLVEDby IntuitLacerte TaxUpdated October 20, 2022

To enter income excluded under Sections 512, 513, or 514:

  1. Go to Screen 17, Program Service Revenue.
  2. Enter a description.
    • The description prints on Form 990, Part VIII, Line 2 or Form 990-PF, Part XVI-A, Line 1.
  3. In the Unrelated Business Income section, enter a Business code (MANDATORY for Form 990-T) and any program service revenue received from unrelated business activities in the Amount field.
    • The amount prints on Form 990, Part VIII, Column (C) or Form 990-PF, Part XVI-A, Column (B).
  4. In the Excluded by 512, 513, 514 section, enter an Exclusion code and Amount to identify any program service revenue excludable from unrelated business taxable income.
    • The amount entered prints on Form 990, Part VII, Line 2, Column (D) or Form 990-PF, Part XVI-A, Line 1, Column (D).

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