ABACPA

In the partnership module, screen 22, there are fields to enter the "remaining 743(b) adjustment" to appear in box 20, code U.

Those fields do not allow the entry of negative numbers.  

However, 743(b) adjustments can be negative [ aka  a "step down" ]

Lacerte should allow the entry of negative 743(b) adjustments in these fields that can be allocated to the relevant partners

Status: New
Vote now if this is a good idea
Comments
New Member

great

New Member

i agree, good idea

New Member

Agree, would like to see this change asap. 

Level 1

Yes, can we get this change in asap?