Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
In anticipation of the upcoming May 15th deadline, we've compiled a list of the most common questions here.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- How to record the California pass through entity elective tax payment on the books?
How to record the California pass through entity elective tax payment on the books?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
tahlstrom
Level 2
01-31-2022
02:36 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It seems that the book treatment of the payment should be to draw for LLC/Partnerships and Distribution for S corporations. I one or more partnership/shareholders did not elect to be included they will want an equalizing payment and it seems that should be books to their draw/distribution account. Does this seem right?
Labels
