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Where is a Credit for affected disaster area employer posted ?? It is labeled LIne 15 P - Other Credits; there is no such credit listed by Lacerte under Line 15 P.

rdwinter
Level 1

FROM FORM K1

Line 15 P Other Credit labeled Credit for affected disaster area employers ... Lacerte has not line for such credit under Line P.

Where to record ??

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abctax55
Level 15

Try Code P-30...it seems to generate the Form 5884-A line on F 3800. 

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3 Comments 3
abctax55
Level 15

Try Code P-30...it seems to generate the Form 5884-A line on F 3800. 

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itonewbie
Level 15
Agree that should be "P30 - Employee retention credit".  You'd find this under Line 15 - Credits and Withholding on Screen 20.1.
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abctax55
Level 15

Perhaps one of these will help:

https://accountants-community.intuit.com/search?filters%5Bcountry%5D=US&filters%5Bproduct_display_na...

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