Question
Form 1065 Schedule K-1 Line 16
I just did the most recent Lacerte update and am preparing a Texas partnership with no foreign income but on the first partner's Sch K-1 it is putting amounts in Line 16 AA, AB, AC, and AD. I have overridden the amounts in Screen 22 with -1 and all of the amounts have gone away except Line 16 AB with is still showing a dollar amount. This is the amount from the preceding year.
Can anyone help me resolve this issue.
