Lacerte Tax Idea Exchange
Submitted by jhwcpavt on 10-25-2023 11:20 AMPlease program Form 5329 for Federal Fiduciary returns. We have had numerous estates and trusts that pay excise tax over the years on missed distributions for lack of reasonable cause, and by not having this form fully programmed, it not only takes extra steps to attach this form as a pdf, the excise tax does not correctly flow to some state returns when the state excise calculation piggybacks off the federal tax excise tax amount.
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