Generating supplemental information for a 1120S K-1 in Lacerte

Supplemental information can be entered for specific shareholder(s), or for all shareholders.

For Specific Shareholder(s):

1. From the detail view, go to Screen 34, (K-1 Supplemental Info.(Per S/H)).
2. Select a Shareholder.
3. Click on the entry field, and press Ctrl+E.
4. Enter the desired information, and click on OK when done.
5. Repeat steps 2 to 4 as needed.

For  All Shareholders:

1. From the detail view, go to Screen 35, (K-1 Supplemental Info.(All S/H)).
2. Click on the entry field, and press Ctrl+E.
3. Enter the desired information, and click on OK when done.

The above procedures will produce K-1 Supplemental Information for 1120S for either Select shareholder(s), or for All shareholders.