teamcpa
Level 1
02-23-2022
06:53 PM
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Yes, Lacerte has not adjusted to the change and is limiting the PTE credit to the TMT. I forced it by adjusting the AMTI exclusion override on screen 40. It produces an incorrect Schedule P, but at least allows the credit. I have March 1st farmer deadlines and cannot wait until a fix is in by Lacerte. I am hoping for an update before I need to transmit these returns.