TaxMe
Level 2
08-29-2020
08:21 PM
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In the Individual module how to enter a Partnership K1, line 13, code V (re 743b)? It should act to reduce income and also reduce QBI? It appears the Lacerte input is still coded to deal with DPAD, not 743b
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Level 11
08-31-2020
09:00 AM
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The 743(b) adjustment should have already been made to the amounts in Box 1.