56886

[#1]

The following diagnostic is generating: 3/16/22: Diagnostic #56886 - re: CA SB 113 passed in February 2022, stipulates that PTE credit should not be limited by CA Minimum Tax - yet Lacerte continues to produce the limitation with a diagnostic to the effect that CA recently passed law has not been included in the instructions to CA Sch P. 2021 tax return processing is well under way and CA SB 113 passed over a month ago - so, hasn't the change been implemented in Lacerte's program?

[craignlash]

Any idea when this diagnostic will clear?

[rcordovacpa]

Craig,

I am just a CPA tax preparer who is anxious to get those returns faced with this inaccuracy of the PTE tax credit being limited by the CA TMT.  I continue to check daily for updates and hope for the best.