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
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
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Re: 1120S Where do I enter the Gross Receipts for the last 3 years
1120S Where do I enter the Gross Receipts for the last 3 years
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
AmitaR
Level 1
01-28-2024
04:04 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Schedule K-1 Box 17
1 Comment 1
itonewbie
Level 15
01-28-2024
09:31 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Box 17, Code AC shows the CY amount, not the amounts for the last 3 years.
If you are looking for input fields for the last 3 years' gross receipt, those are found under General > Miscellaneous Information, on the Miscellaneous tab, under the Other Information (Schedule B) section, under the heading Business Interest Expense and Gross Receipts (-1 if not in existence). General > Miscellaneous Information is kinda an odd place for these entries.
These entries will trigger the Y/N response for 1120-S, Sch. B, Box 10.
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar
