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- I am told to manually a code AD from line 20 of a Partnership K-1. I can't find out where.
I am told to manually a code AD from line 20 of a Partnership K-1. I can't find out where.
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Barby
Level 2
04-10-2024
03:24 PM
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I saw directions early from Lacerte and they didn't make sense for my case. The Partnership K-1 was a final one and distribution was made. Line 20 shows code AD -Deemed Section 1250 unrecaptured gain.. One instruction said to enter in Section 3 but there is already a figure there.
Thank you.
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