Enter 1120S K-1 on Form 1040
Box 12A entry - cash contribution.
Converted to Code C In-kind Donation on the Schedule C, triggering errors.
Is anyone else having this issue?
Best Answer Click here
Everybody that enters that info into the K-1 worksheet is seeing that. Just skip the entry on the K-1 worksheet and enter the amount directly on schedule A. Problem solved.
Are you using ProSeries? If so, sign up here:
Everybody that enters that info into the K-1 worksheet is seeing that. Just skip the entry on the K-1 worksheet and enter the amount directly on schedule A. Problem solved.
Thank you, clearly a good work around, I just get a little stubborn sometimes for the perfect fix.
Slava Ukraini!
we are having the same issue. our clients are getting very restless because they think this is a preparer issue when it appears to be a programming issue.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.