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Tracy Lee

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Everything posted by Tracy Lee

  1. This is where I have tried to enter the amount. Line 7 first column, Accumulated Adjustments Account, but it does not allow for data entry there. It just links you to Sch K. Hmmmm... Is there somewhere on the Sch K I should be putting it? I see line 16d but that links me to a worksheet with a cash or property line. When I put it in the cash line it does populate my Sch M2 but does not carry forward to my Sch L. LOL. kinda feel like I'm in a rabbit hole.
  2. I'm new to ATX and was able to figure out where to put my shareholder distributions for a S Corp on the K1 input line 16 D to flow thru to my K1 but I can't find the place to put my shareholders distributions so it will flow thru to Schedule M-2 line 7 and balance my Schedule L. HELP! I have spent an hour+ trying to figure this out.
  3. Thank you so very much!
  4. I'm new to ATX this year and having a difficult time figuring out where to put my information for QBI for a S corp so it will flow to my K1. Help!
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