Research and Development Credit in Partnership Module
Hi,
I am using Form 6765 to calculate the R&D credit. I am using reduced credit and have members of controlled group so i have to allocate the total R&D credit in between two partnership tax returns. How can i override or tell Lacerte on how to allocate? for example, total R&D credit is $100 and how to i tell Lacerte to allocate 20% (20 dollar in this case) to company A and 80% to company B?
Everything is calculated fine with Lacerte except for Line 17 on 6765. I cannot find the place to override and hence Schedule K and K1 arent correct. Help!
