Why is gross receipts for 59A(e) showing up?

[RB6]

How do I turn this off?

[itonewbie]

Check your input under Taxes > Base Erosion Tax (8991).

[RB6]

I am still not seeing anything.  I have searched "8991" and "base erosion" can't find anything under 8991 

[itonewbie]

Can you be more specific about where exactly you see gross receipts showing up?

[RB6]

Under Special Allocations (to partner capital accounts) - > total available.

[itonewbie · Accepted solution]

If you're preparing a 1065, that's from your input for Gross Receipts and Gross receipts for Section 59A(e) (AG) from passthrough K-1 under Schedule K > Passthrough K-1's on the tab for Line 20.

If this is not applicable, you can enter -1 (yes, negative 1, which stands for 0 PTO/Lacerte-speak) on the line for Gross receipts for section 59A(e) [Override], which is on the Less Common Scenario tab under Schedule K > Other Schedule K Items > Other Schedule K Items.  This will eradicate the computed amount and what's available for Special Allocation.

[RB6]

ok, thanks so much!

[itonewbie]

@RB6Glad to be of help. If an answer solved your problem, please consider marking that a solution to help other users who may have similar questions.