research credit

[Perry Ghilarducci]

Lacerte Form 3800 worksheet incomplete, no calculation of taxable income attributable to the qualified interest in the pass-through entity.

[sjrcpa]

Current year credit or carryover?

1065 or 1120S K-1?

Are you preparing a 1040?

Is there taxable income from the flow thru entity?

[Perry Ghilarducci]

Yes, it is a current year research credit from an 1120S K-1.  My client also has wages from the S corp.  I'm preparing their 1040 and there is pass-through income from the S corp.

[TO1]

Did you ever figure out the answer to this issue?