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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- K-1 Export Capital Contributions
K-1 Export Capital Contributions
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kcomstock
Level 1
10-23-2020
12:40 PM
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I noticed that when exporting a partnership/LLC K-1 to an individual, the capital contributed during the year doesn't transfer to the individual K-1 input. Is there a way to get lacerte to automatically export this? Or if not, is there a list of items that lacerte will not export automatically, so I can check them when I'm exporting K-1's to individuals?
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sjrcpa
Level 15
10-23-2020
06:51 PM
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I don't know of a list. I check everything. In particular I expect the state info will not transfer.
The more I know, the more I don't know.
