Tax invoicing: Schedule K-1 surcharge method
The Schedule K-1 surcharge method calculates a charge per Schedule K-1 produced on a 1041 tax return.
Follow these steps to enter surcharge amounts per Schedule K-1.
- Go to .
- SelectSchedule K-1 Surcharge Methodas your compute option.
- Enter a description to appear on the tax invoice.
- If you want the tax invoice to include rate details, select the include rate details option.
- Enter values in the following fields:FieldDescriptionNumber of K-1 SchedulesThe total number of Schedule K-1s produced on the return.Surcharge Per ScheduleThe surcharge amount to apply per Schedule K-1.Total OverrideThe override amount to replace the total calculated surcharge, if necessary.
