abctax55
Level 15
01-23-2021
11:41 AM
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Lacerte does a great job with any of the routine Fed vs CA differences & non-conformity (the adjustments are on shown on F.540-CA).
And I'd be surprised if there isn't won't be a built-in way to deal with the PPP non-deductible expenses issue. I'm too bogged down with year-end payroll issues to have even looked yet. At a minimum, there's a place to add the PPP amount back as income which gets to the same taxable income. At the Spidell webinar I took back in December, the instructors weren't sure what/how CA wanted it to be presented.
Fortunately "we" have some time to figure it out ... maybe the 2.12.21 delay is a good thing?
HumanKind... Be Both