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nwempe
Level 4
December 7, 2019
Solved

Gift tax allowable exemption

Why is the system defaulting to $5,430,000 for the maximum allowable exemption amount rather than the $11,180,000 allowed for 2018?
This topic has been closed for replies.
sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Your produt says Lacerte 2017. Are you looking at a 2017 return?

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

Accountant-Man
Accountant-Man
Level 13
December 7, 2019
For one or two taxpayers?
** I am "Elevating with Intention!"
nwempeAuthor
Level 4
December 7, 2019
For one taxpayer
Accountant-Man
Accountant-Man
Level 13
December 7, 2019
Pro Series uses $11,180,000 per taxpayer.
** I am "Elevating with Intention!"
sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Your produt says Lacerte 2017. Are you looking at a 2017 return?

The more I know the more I don’t know.
nwempeAuthor
Level 4
December 7, 2019
Not sure why it says that but no I'm looking at a 2018 return
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