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tax exempt income details on K-1 details ie PPP

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tax exempt income details on K-1 details ie PPP

nr737

it would be extremely helpful if Lacerte allowed you to label what the t/e income represents and not have all tax exempt income be labeled the same regardless of what it represents ie PPP loan forgiveness, muni income, grant income, etc.

Many other software companies enable you to label the tax exempt income as what it actually is ie PPP forgiveness/grant income etc and not such a generic category.  Having it labeled as what it actually represents would provide more accurate info on the K1 and have your product be comparable to what we are seeing with other software packages. 

Status: New
0 Votes
Vote now if this is a good idea