In LaCerte-Where do you enter NON FOREIGN TAX data from K3?

[PhoebeRoberts]

What type of return are you working on, what K-3 information would you like to enter, and where would you like it to appear on the forms?

[abctax55]

@Laszlo 

Asking the same thing twice isn't helpful.

[abctax55]

https://accountants.intuit.com/community/lacerte-tax-discussions/discussion/in-lacerte-where-do-you-...

[Laszlo]

These K3s I got have only non foreign tax information. Items II and III. The Lacerte K3 entry form only has inputs for foreign tax related items. Where do I enter these?? 

[PhoebeRoberts]

Where would you like those items to appear on your finished tax return?

[Laszlo]

Not getting an answer is owrst

[PhoebeRoberts]

Professional tax preparation, particularly using Lacerte, is not a matter of "if I key in the numbers exactly as I see them, a correct tax return will magically pop out." You have to know what a correct tax return looks like, then do whatever input produces that. In some cases, keying in the numbers exactly as you see them does that. In this case, it does not, because there exists no place to key in the numbers exactly as you see them.

I tried asking you some questions to figure out what kind of return you're doing, and what you think a correct tax return would look like, so I could tell you where the put the numbers in, and yeah, not getting an answer is the worst.

[George4Tacks]

Maybe NO foreign tax goes NOwhere. 

[Laszlo]

Data from DOMESTIC REIT s

[Laszlo]

Data from domestic REITs