TFS
Level 1

California has a new AB150 tax law to help owners save on taxes by paying a Pass Through Entity tax., so this is a new feature. If one chooses this option, a new form 3804 is generated. If the shareholder's last name is DO (which happens to also be a programming instruction), the whole name will not appear on form 3804 as well as the state Sch K1. We have called Lacerte, explained the situation and sent the output forms so they can fix the bug. In the mean time, we have to send in the hard copy to FTB.

Does anyone out there have similar issue? THanks

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