debbie62
Level 1

In the Individual tax module, Lacerte automatically limits the taxability of state income tax refunds if there was no tax benefit due to limitations on the deduction. 

Lacerte doesn't automatically adjust the taxable state income tax refund in the Fiduciary module.  Do I simply remove the state tax refund??

0 Cheers
sjrcpa
Level 15

Yes if it is not taxable.

I think they give you a Diagnostic about this, too.


The more I know the more I don’t know.