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Level 2
July 24, 2021
Question

Passthrough K-1 - (20AG) Gross Receipts for Section 59A(E)

  • July 24, 2021
  • 1 reply
  • 7 views

The Line (20AG) Gross receipts for Section 59A(E) appears on the Lacerte Input screen on the 2019 Tax Return.

This line is missing from the input screen on the Lacerte 2020 Tax Return.

Now what?

 

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1 reply

George4Tacks
Level 15
July 25, 2021

Look up IRC 59A(e) and see if it applies. 

PROBABLY NOT. 

Answers are easy. Questions are hard!