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Level 1
October 26, 2023
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8825 populating in Partnership module of smllc

Related products:Lacerte
  • October 26, 2023
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I am a boggled by why depending on the module you use, the program will generate different forms if the taxpayer situation is identical. Facts are taxpayer is a single member LLC with an individual partner. In the individual module, the 568 will not populate with a 8825 behind it and in the partnership module, it will. I don't think this is correct, and there should be a check box to suppress the 8825 or the checkbox already there for SMLLC which suppresses the Form 568 balance sheet should also work to suppress the Form 8825.