jabsmith
Level 1
09-01-2020
11:37 AM
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Form 8971 Sch A instruc's state that you can do a bulk asset listing in lieu of detailed items, such as stocks held in a brokerage account. How is this done in Lacerte?
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George4Tacks
Level 15
09-01-2020
04:39 PM
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I assume you are using the Estate Tax module - Lacerte pulls this from the entries in Screen 11. 706 requires a detail, but if just preparing the 8971 you could enter a "bulk" entry such as Schwab Acct - See Attached with appropriate summary info.
Answers are easy. Questions are hard!
jabsmith
Level 1
09-01-2020
04:52 PM
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Thank you George. Yes, I am using the Estate module.
