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If it's an M-1 nondeductible expense adjustment, then nondeductible expenses historically reduce the tax basis in the entity. So if we reduce page 1 1120S wages...
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I think this is an unforeseen issue that needs to be addressed by the service. If an 1120S there are also basis issues depending on the treatment. Could go with...
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Is there an explanation why Lacerte does not yet allow an entry for 2019 in the Year of Loss for a NOL Loss in the 1040 program?Since Lacerte's 1045 does not ea...
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Short answer. YES.Going on 10 days now. 3 calls to Support. No fix.Force install did not work.Changing options files PROFXO and ProfLog to PROFXOOLD and ProfLog...
