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Level 3
January 7, 2022
Question

AB 150 form 3893

  • January 7, 2022
  • 1 reply
  • 9 views

We have our January update.  Thank you Lacerte.  But my question is if there is a place yet for the Pass Through Entity Tax Payment, etc.  I tried a jump to input on form 3893 but it did not take me anywhere.  Is there anything yet so I can be inputting the payments to get tax returns roughed in?  

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1 reply

abctax55
Level 15
January 7, 2022

Entity return or individual?

HumanKind... Be Both
COGSAuthor
Level 3
January 7, 2022

Well, I am in the 1065 module but same question for S-Corps.

abctax55
Level 15
January 7, 2022

Not there, yet.  Supposedly, you can use the 'motion picture credit' to mimic it.  

There is a place in the individual program to enter the PTET.  

I have been manually adjusting the federal income (downward) on Screen 20 for the PTET after transferring the info from the entity program, and entering the PTET.  Seems to be working for planning.

HumanKind... Be Both