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Level 2
November 9, 2021
Question

How do I report income and expenses by activity on a consolidated return?

  • November 9, 2021
  • 1 reply
  • 1 view
I am preparing a parent company return that contains Income and Deductions from separate wholly owned subsidiaries and want to present data by subsidiary and not just on a consolidated basis. How is this done in Lacerte?
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1 reply

sjrcpa
Level 15
November 9, 2021

Have you purchased the consolidated return add on?

The more I know the more I don’t know.
John SrAuthor
Level 2
November 9, 2021

Very good question.  I will have to find that out....if it is a separate module.  Is it available on a per return basis?

sjrcpa
Level 15
November 10, 2021

I don't know.

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