Common questions about Schedule K Income and Deductions (1120S) for Lacerte

Use Schedule K Income and Deductions to enter items to go to Form 1120S, Schedule K.  Refer to the following information to help with Screen 20, Schedule K Income and Deductions questions.

• Miscellaneous Income from Form 1099-R to an S-Corporation
• Entering Charitable Contributions in the S-Corporation Module
• Section 179 Deduction Limited or Disallowed on S-Corporation Return