Level 11
03-25-2023
11:51 AM
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Regarding the qualified dividend adjustment, that's for the adjustment amount, not the QDiv amount. When you enter the QDivs in the FTC section of the Dividend screen, Lacerte calculates the adjustment automatically.
Most of my clients are either "qualifies for the adjustment exception" or "54.05% is the right adjusted amount," but it's sure nice when I can see what number Lacerte comes up with and compare it to my spreadsheet, rather than relying on my spreadsheet to catch an edge case.