1065 Special Allocations - Default Rounding Partner

[machatz]

Using special allocations w/% for a Series LLC.  Somewhere in Lacerte I know there is an option to designate a partner for rounding purposes and I cannot find it anywhere.  The default is set to Partner #1 and I'd like to change it to another person to get the random $1 when my special allocation percentages can't make a whole number.  If someone can direct me to the screen I will be forever grateful.  Thank you! 

[IntuitRebecca · Accepted solution]

Hi there,

You can set a different rounding partner on the Misc. Info screen - the field is labeled "Rounding partner number [Override]". I believe this is screen 3, but let me verify.

- Rebecca

[abctax55]

Screen 3, code 22 (if you speak batch)

Box to check is next to last one under User Options Overrides

[machatz]

THANK YOU