Charity W/ Standard Deduction: Sch A amount being overridden by amount from K1 reporting

Forum|Forum|4 years ago
June 17, 2022
1 reply
4 views

1040: Line 12a Charitable contributions w/standard deduction:

Heads Up - Just noted that charity amounts entered into Sch A is being overridden by amounts coming from K1 input, so Line 12a is not being properly calculated and you have to force the $300 or $600 using the Sch A Override input.

After 15 minutes waiting for a rep, spent time showing him the issue, was then "disconnected". No call back - so figured I better post.

My best - Larry

Lacerte Tax

This topic has been closed for replies.

abctax55

Level 15

I just checked a return with this scenario and I am not able to replicate your issue.

Meaning... cash contribution on K-1 is NOT overriding the amount entered on Screen 25.

Perhaps check your data entry? Or provide some specifics for 'us' to test drive 😊

HumanKind... Be Both

R

RETaxAcctBrkAuthor

Level 3

Thank you - additional details and testing - I was able to duplicate on 3 clients:

Personal 1040 - MFJ and HOH.

Sch A input, Scr25 60/100% Cash Contr line. Total Sch A below standard deduction.

Sch K1 - Partnership - .

K1 Partnership, Line 13 - Code G Cash Contributions - any figure would override the Sch A amount, or other K1 Line 13 Code A input. However, clients with multiple K1's the Code G would add up and transfer to 1040 Line 12B.

If I used K1 Line 13 code A instead, then all charity was being properly add to Sch A input and reflected properly on 12B.

Strange stuff - just going to change K1 input code to A, or use the Screen 25 Charity Override.

Crazy stuff.

abctax55

Level 15

It might have to do with 'overriding' and/or multiple K-1's (I seldom override in Lacerte). It sounds like a rather unusual scenario - if you are comfortable with the results then making it work by forcing the correct amount I'd go for it.

HumanKind... Be Both

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