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Posted

New user to ATX software!

I have a construction company, I am trying to get information on their Form 1120S, Schedule K1, Line 13, Code T. I filled out the 8903 on the 1120S hoping that information will flow correctly to the K1 but I must be missing something. It is putting the information in Code U and V. Does anyone know how to get this to be on the correct code?

Please advise!!

Posted

Delete the 8903. That's only done on the 1040.

Go to page 3 of 1120S line 12d and press F6 (or click on green arrow). Choose the one that says Dom Prod.

I always just enter the income and wages as overrides on lines Q and R.

So glad this is gone next year!

 

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