taxeash
Level 2
‎12-06-2019 08:17 PM

Regarding the "Tax Reform Impact Summary" in the 2018 Lacerte program.  Currently this form contains essentially similar information as the regular "Tax Summary."  It would be more useful to show the 2018 results and compare that to what the 2018 result would have been under the 'old' tax laws.  Sort of the reverse of what the "Tax Reform Impact Summary" accomplished in the 2017 program.


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abctax55
Level 15
‎12-06-2019 08:17 PM

"I" can't...as I'm just a user of the software like you.

Feel free to suggest it to Intuit directly, but I'd suggest not holding your breath.

HumanKind... Be Both

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TaxGuyBill
Level 15
‎12-06-2019 08:17 PM

Intuit can't even get the current year's tax calculations correct, and you want them to ALSO work on calculations using old laws?  Really?

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George4Tacks
Level 15
‎12-06-2019 08:17 PM
That would be like correcting the ProSeries double spacing on the invoice.

Answers are easy. Questions are hard!
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IRonMaN
Level 15
‎12-06-2019 08:17 PM
You guys are nasty.  I thought we were supposed to be nice on Fridays.  Or was that Sundays?

Slava Ukraini!
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MtnTaxMan
Level 3
‎12-06-2019 08:17 PM
CFS Tax Tools will do it. Granted, you do have to pay for the program, but, imo, it's worth it. Use the Tax Planner module, set the number of projection years to 2, set the Start Year to 2017 (or leave it blank. Enter the 2018 figures under both column headers, 2017 and 2018. The 2018 result should be the same as the Lacerte results. The 2017 results will show the results under prior law.
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George4Tacks
Level 15
‎12-06-2019 08:17 PM

NO.

The currently layout does help to show that not only did the tax change, but the income and withholding are all different. It is more of a guide to answer the "Why do I owe so much?" question. 


Answers are easy. Questions are hard!
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