Entering DPAD amounts in corporate returns

You wish to enter amounts for the domestic production activity deduction (DPAD) for a corporate (Form 1120) return in Lacerte.

To enter DPADs in the Corporate module:

1. Go to Screen 20, Deductions.
2. Scroll down to the Certain Cooperatives Only - Deduction for Qualified Domestic Production Activity section.
3. Select an Allocation method (Mandatory) (Ctrl + T) from the dropdown menu.

Once you've selected an allocation method, the program assumes all of the corporation's trade or business activities are domestic production activities. Use the Overrides ([O]) to change the calculated or allocated amounts.