Enter Form 1099-DIV received by a Partnership in Lacerte

Follow these steps to enter 1099-DIV, Box 1a and 1b:

1. Go to Screen 22, Other Schedule K Items.
2. Within the Income (Loss) section, enter the Ordinary dividends
   • Note: This amount will flow to Form 1065, Schedule K and Schedule K-1, line 6a.
3. Enter the Qualified dividends
   • Note: This amount will flow to Form 1065, Schedule K and Schedule K-1, line 6b.

Follow these steps to enter 1099-DIV, Box 2a:

1. Go to Screen 19, Dispositions.
2. Select the Miscellaneous Info button or link from the top-left navigation panel.
3. Locate the Schedule D - Additional Information section.
4. Enter the amount in, Total for year (code 101) under the Capital Gain Distributions subsection.

The amount will print on the Schedule D, line 12, then flow to the Schedule K-1, box 9a.

Follow these steps to enter Form 1099-DIV, Box 3

1. Go to Screen 27.1 Schedule M-1.
2. Scroll down to the Income Recorded on Books not Included on Schedule K(-) section.
3. Enter the Nontaxable dividends.

Note: The nontaxable dividends will generate on the 1065, Schedule K, line 18b, as Other tax-exempt income and 1065, Schedule M-1, line 6a as nontaxable dividends.

Follow these steps to enter Form 1099-DIV, Box 5:

1. Go to Screen 22, Other Schedule K Items.
2. Scroll down to the Section 199A (QBI) Information section.
3. Enter the amount of Qualified REIT dividends
   • Note: The partners' share will appear on their K-1's QBI Statement A.