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Reporting the 2018 Domestic Production Activity Deduction from a specified cooperative in ProConnect Tax
by Intuit• Updated 8 months ago
For tax year 2018, cooperatives with a fiscal year can receive the Domestic Production Activity Deduction (DPAD) passed through from a fiscal year 2017 cooperative, as well as the DPAD passed through from a fiscal year 2018 cooperative.
These two amounts are reported differently on Form 1040. Because of this, ProConnect Tax includes two different input fields for these items within the Schedule C activity and Schedule F activity input screens.
Click the applicable screen below for more information.