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Required statement attached to 1040 listing QBI entities aggregated

Level 1

The information required to be in an attached statement is only being generated in a worksheet in the Lacerte 1040 and normally those are not included in an efiled return, how is Lacerte covering this requirement?

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3 Comments 3

If you have auto-attach PDF turned on, Lacerte will attach a statement of aggregation to the return. If the auto-attach is not turned on, Lacerte will generate this e-file stopping diagnostic:

e-file: If two or more businesses are being aggregated for purpose of the Qualified Business Income (QBI) deduction, Schedule B - Aggregation of Business Operations must be attached to the efile. (ref. #51823)

In the upper right of Lacerte if you typed in the Search box 'Attach PDF' it will bring up this knowledge base article:

Attaching PDF Documents to an E-file Return


See the Note under the video. This tells you how to turn off auto-attach PDF, check to see if yours says yes to verify that it is turned on.

Level 3

How do we get the aggregation worksheet to print as part of the client copy of the tax return?  It is odd that it will attach as a statement when e-filing but it doesn't show up as a statement if we print the tax return. 

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In order to have the Schedule B - Aggregation of Business Operations print with the client copy you would go to Settings>Options>Items to Print on the Left click on Client and on the right under Federal Worksheets check off Worksheets (general). Please note that this will print all the worksheets.

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