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How to Enter Private Activity Bond Interest 1099-INT for a 1065 in Lacerte

by Intuit1 Updated 3 months ago

To input private activity bond interest for a 1099-INT received by a partnership:

  1. Go to Screen 22, Other Sch K Items
  2. Scroll down to the Alternatibe Minimum Tax (AMT) Items section
  3. Find the Other AMT Items heading
  4. Select the Other AMT items (Ctrl+E) field
  5. Hold Ctrl on the keyboard and press E to open the Supporting Detail window
  6. Enter Specified Private Activity Bond Interest as the Description
  7. Enter the Amount
  8. This will flow to Schedule K-1, line 17F
Lacerte Tax

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