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E
Ember123
Level 5
February 15, 2022
Question

CA PTE Tax

  • February 15, 2022
  • 3 replies
  • 9 views

California individual program does not appear to be updated as of Feb 15 2022 to reflect removal of Tentative minimum tax  PTE credit limit  legislation enacted in the last couple of weeks in California. Would you agree, Lacerte community ?

This topic has been closed for replies.

3 replies

sjrcpa
sjrcpa
Level 15
February 15, 2022

Agree. The law was signed February 9, 2022.

Intuit needs time.

The more I know the more I don’t know.
    C
    COGS
    Level 3
    February 15, 2022

    Am I correct that allowing LLC's to participate is not current as well. I don't want to call Lacerte for no reason.  Any news on K2 and K3.  Those are insane!

     

    E
    Ember123Author
    Level 5
    February 15, 2022

    You will know by looking at the individual tax return. That's where the action is.

     

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