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Level 1
September 18, 2024
Question

CAN YOU OVERRIDE THE AN AMOUNT THAT IS -1 FROM DEFAULTING TO ZERO ON THE FORM?

  • September 18, 2024
  • 1 reply
  • 7 views
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1 reply

PhoebeRoberts
Intuit Community Champion
September 18, 2024

Nope. The worst thing is, sometimes a calculated number legitimately is a dollar of loss, and Lacerte still ignores it and produces a schedule that doesn't foot.

Where possible, I lump the dollar of loss in with something else (I've gone as far as putting it on an entirely different K-1 if needed) and making a note in my file.

sjrcpa
Level 15
September 18, 2024

Sometimes entering "-1.01" will get the result of -1. If it doesn't, I move on.

The more I know the more I don’t know.