jstimpson
Level 2
12-06-2019
11:50 PM
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Taxpayer is a more than 20% owner in an Ohio S-Corporation.
Taxpayer has a k1 and a w2 from the S-Corporation.
The wages the taxpayer receives from the S-Corporation are linked to the k1 and marked for % of ownership.
The wages should flow through to the adjustment line 5 of Ohio form IT Bus.
They don't they have to be manually entered.
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sjrcpa
Level 15
12-06-2019
11:50 PM
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Probably for the same reason they don't flow to the IT4708. They just don't and Lacerte apparently doesn't think there is anything wrong with this.
The more I know the more I don’t know.
