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November 18, 2022
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Special Allocations for K-3 is Not Working

Related products:Lacerte
  • November 18, 2022
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I am working on a 2021 Form 1065 and need to complete a Special Allocation between partners for Schedule K-3, Part II, Section 1, Sales. The Lacerte program is generating the K-2 and K-3 (by partner).

BUT Screen 29, Special Allocations, will not allow me to allocate any amounts on the K-3 because there are no balances being reported as Amt. Available For Spec. Allocation in the software. Can you please address this issue and report back to me? I am informed that my case number is: 1590839503. Thank You!

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