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Level 2
August 4, 2021
Question

I want to file for fiscal year ending Oct 31, 2020 from K1 for 2019. Where do I enter the 2019 to generate the Form for 2019?

  • August 4, 2021
  • 2 replies
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2 replies

George4Tacks
Level 15
August 4, 2021

You would use the appropriate module for the type of entity for the year IN WHICH THE FISCAL YEAR BEGINS.

If I am reading your question correctly, you want 2019 Lacerte - either Partnership, S-Corp or Fiduciary.

Answers are easy. Questions are hard!
IRonMaN
Level 15
August 4, 2021

A K-1  is a byproduct of a 1065, or 1120s, or 1041.  You need to prepare the applicable tax return before you can obtain the mystical K-1.

Slava Ukraini!