Why is Lacerte is taking the ordinary loss from pg 1of the 1120S and adding in an "ordinary income adjustment", then putting the result on the K-1? - Intuit Accountants Community

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Why is Lacerte is taking the ordinary loss from pg 1of the 1120S and adding in an "ordinary income adjustment", then putting the result on the K-1?

bess

Level 2

‎02-07-2025 11:29 AM

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