Welcome back! Ask questions, get answers, and join our large community of tax professionals.
  • Sign In
  • Elevate 2026 Pencil Banner
    cancel
    Showing results for 
    Search instead for 
    Did you mean: 

    Form K-1 form 1065 non-conforming bonus adjustment

    djm
    Level 1
    since Lacerrte "automatically calculates states that do not follow Fed special deprecation" is "fed bonus adjustment for non-conforming state" (20Z2) still entered, or is this covered by Lacerte's automatic calculation?  If it is to be entered, Where?
    0 Cheers

    This discussion has been locked. No new contributions can be made. You may start a new discussion here

    1 Comment 1
    George4Tacks
    Level 15

    I am unclear.

    Are you asking about the K-1 for state? That would not be reflected on the 1065 K-1, but rather on the state K-1. 

    Are you asking about entering the K-1 into the 1040, or creating the K-1 in the partnership module?


    Answers are easy. Questions are hard!