Use this procedure to enter information for business activities.
- Click the Activities button in the main data-entry window. The Business Activities dialog opens.
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In the Activities list, highlight an existing activity for which you want to enter data, or add a new activity.
- Click the Data Entry button. Planner CS enables the data-entry tabs for the forms associated with the activity and opens the first tab in the main data-entry window.
- Enter data in the appropriate tabs and fields. Or, double-click a data-entry field to open a window in which you can enter detailed information or multiple items for that field.
- If necessary, repeat the steps in this procedure to enter data for additional business activities.
Entering material participation activities
Enter net self-employment earnings on the Sch K-1 Operating tab. These amounts will transfer to the SE income from K1s fields on the Income > Rental/K-1s tab. The net total of Schedule E partnership income that you designate as Material Participation transfers to the Partnership field in the Income > Rental/K-1s tab.
Entering nonresident state source amounts
To enter nonresident state source amounts for passive or material participation activities, use the following information instead of the above procedure.
- For passive activities, click the state module button on the Planner CS toolbar, click the Nonresident button, and enter passive activity data in the state's nonresident income tab.
- For material participation activities, double-click a field in an applicable tab under the Income button and enter state-specific material participation activities in the Allocation window.
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