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
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.
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
- :
- Partnership Tax Return Allocation Retirement
Partnership Tax Return Allocation Retirement
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
JohnCPACFP
Level 3
02-01-2024
12:36 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Lacerte allocates Sch K, Line 13R (retirement benefits) based on partner profit percentage. For most retirement plans, SEPS in particular, the benefits are based on Partner earned income = Guaranteed Payments. In the Special Allocation screen (#29), there is no way to allocate Box 13 Code R to each partner. Is there some kind of work around for this?
