Form 8995

[TRnewbie]

Lacerte is generating a deduction on Form 8995 (for an individual) and it's coming from income reported on line 6 (REIT dividends and PTP).  I don't have any REIT or PTP.  How can I tell where this number is being generated?  I have blank grids on the p-ship grids (in the input section).  Where else could that income be coming from?  Would appreciate your help!

[sjrcpa · Accepted solution]

1099-DIV 199A dividends

[TRnewbie]

sjrcpa, you are a genius!  I've been combing through all the 1099s and K-1s for hours!  You got it - input screen 12, line 5.  Thank you!  (Odd that it shows up as PTP/REIT Dividend income on the 8995, but at least I know where the # came from.

[sjrcpa]

You're welcome

[dawnmau]

High Five and Kudos!!! Saved my colleague & I at least 2 or 3 hours of spinning wheels trying to figure out where it goes!

[abctax55]

@dawnmau 

In Lacerte, go to forms, where the amount is shown... right click then 'jump to input' to see where it's flowing from. This works on almost all forms.

[dawnmau]

Not to dismiss your answer (because that is exactly what I normally do) But there are times when you try to do that and you come up with this "Jump to Input (Not Available on this field)" and then I have to google "Where do I enter #### in Lacerte?" Which is how I got to this post! It saved me a lot of time knowing where exactly to look. Still a good answer for others who may not be aware of this strategy.