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- Form 1065 Schedule B-1 Part II is not populating the Beneficial Owner of a Disregarded Partner(DE)? I've entered the beneficial owner on Scr 7 and the DE on Scr 32.1.
Form 1065 Schedule B-1 Part II is not populating the Beneficial Owner of a Disregarded Partner(DE)? I've entered the beneficial owner on Scr 7 and the DE on Scr 32.1.
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mberger
Level 1
05-09-2020
03:41 PM
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I'm thinking this is a limitation of Lacerte's Partners Scr 7 Misc Info. Because when I choose Type of Entity: Disregarded Entity it doesn't populate Schedule B-1 Part II; but if I choose Individual is does populate Schedule B-1 Part II.
IRS instructions clearly state ". If the owner of a disregarded entity
is an individual rather than an entity, list the individual in Part II. "
Any help appreciated!
IRS instructions clearly state ". If the owner of a disregarded entity
is an individual rather than an entity, list the individual in Part II. "
Any help appreciated!
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