How do I input a Schedule K-1, line 20AH "Other Information" item with a 1065 return using worksheet view in CCH® ProSystem fx® Tax and CCH Axcess™ Tax?
- Article Type:
- How To
- Last Modified:
- 11/05/2022
Objectives
Learn how to input an informational item allocable to partners in a 1065 return using interview view.
Environment
- CCH Axcess™ Tax
- CCH® ProSystem fx® Tax
- 1065
- Partnership
- Worksheet
- WSV
- 20AH
Procedure
- Go to Income / Deductions > Schedule K Other Income / Deductions worksheet.
- Expand Section 16 - Summary of Sch K Items.
- In Column Class Code, select INF from the list.
- Select Detail.
- In Line 3 - Description, input an applicable description.
- In Line 4 - Amount, input an applicable amount if needed.
- In Line 6 - Partner Number, input a specific partner number if we would like this item to only prepare for one partner.
- In Line 7 - Ratio ID Number, input a unique ratio ID number to allocate this item differently than the effective percentage of all partners during the year.
- In Lines 8 and / or 9 - FS and State, select options if the informational item should only apply to a specific tax authority.
- Calculate the return.
Additional Information
N/A
| Solution Id | 000224255/000097758 |
|---|---|
| Direct Link |
