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Level 1
March 7, 2021
Question

K-1 1120S line 10 other income (H* Stmt) can not input data, because there is no 10 (H)??

  • March 7, 2021
  • 1 reply
  • 5 views
Prepare 1120 S,  imported data and it does not import???  Can not manually input because the input does not included a line for 10 (H)
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1 reply

itonewbie
Level 15
March 7, 2021
  1. Navigate to Schedule K > Income and Deductions;
  2. On the input screen under the Income (Loss) section, scroll down to the line Other income (loss) (Click on button to expand); and
  3. Click on the box to the right under FEDERAL, select H = Other income, and enter the relevant details in the other fields.
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