Discussion:Lacerte input question-distribution in excess of basis
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Revision as of 14:47, 15 May 2009
Discussion Forum Index --> Basic Tax Questions --> Lacerte input question-distribution in excess of basis
Discussion Forum Index --> Tax Questions --> Lacerte input question-distribution in excess of basis
| 15 May 2009 | |
| I'm doing a 1040 for a client who has a distribution in excess of basis from a partnership (decrease in partnership liabilities treated as a distribution, since he had -0- basis). I need to report this as a LTCG on the 1040 and am not sure exactly where to input this amount in Lacerte - looking for some guidance. Thanks! | |
