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When will 1065 and 1120S forms be ready for e-file?  Right now there are forms still in Draft form.

I have followed the instructions provided on the Lacerte Intuit Help board to input a like-kind exchange into the schedule D (dispositions) screen. However, I am receiving critical diagnostic ref #2050607 "Under the newly enacted "Tax Cuts and Jobs Act", like kind exchanges completed after December 31, 2017 are limited to exchanges of real property that are not primarily held for resale ... "The property given up is real property that was held by the fiduciary, but not as an asset held for resale. Is there a field I am missing in my entry to have this transaction process through schedule D as a real asset not held for resale?

Do we have to enter PPP forgiveness amount if it is not taxable to the state?

Filer is MFJ that lives in Florida and is a W2 filer. AGI is $205,571

taxpayer received the RMD for 2020, later returned RMD to IRA account (Schwab). The 1099R shows the distribution code as 7, normal distribution and the full amount taxable. How should this be coded within the Lacerte tax program?  Looking for the best way to handle this and assume 1099 matching will not match when I so -0- taxable income from the IRA and the 1099R shows the full amount. Thank you.  

This is the first year I'm using eSignatures. When I setup the email the client's copy is attached for my client's review before signing form 8879. When I open the attached return social security numbers are exposed. Are they blocked when the email is sent and when form 8879 is returned to me?Thank you for your guidance.Stephanie Moray

Lacerte program says we enter SSA withholding on NEC page.  but we need address and federal ID number for SSA.  What is it as it is not reported on form?

Recovery rebate entry

When will e-signature be available for corporate and S-corp returns?  We have clients that already wish to take advantage of this new option

There used to be an option to have the 2nd page (directions) of the K-1 to view and print it.  I cannot find this option now.  Any ideas??

Who made the decision to limit our ability to enter positive and negative numbers in a field?  For instance on Schedule E input, we have always been able to enter a positive number and then make an negative adjustment (for personal use, allocation to another field, disallow a portion of the expense that client is trying to deduct, etc).This ability allows for input descriptions to be there for the reviewer, is then carried forward to next year and other uses.  It also allows preparer and reviewer to immediately see adjustments which will either lead us back to our work papers or may lead to discussions with the preparer.These types of program changes should be discussed well in advance of implementation and should have input from this community, the end user.  Please do not try to dummy down this program as if we were using turbotax.

My accountant sent me an invitation to use Intuit Link to provide her my tax forms this year.  I have tried multiple times, multiple OS platforms, multiple browsers, but every time I log in with the email she used to invite me, I get the screen that says "hello there! you have found Intuit" and then tells me I either have to invite an accountant to my account, or I have to log out and log back in with my email if I was invited.I cannot get past this page no matter how many times I have logged out, logged back in, changed OS, changed computers, changed browsers, etc.   It is getting really annoying and will probably prevent us from using her services this year if I cant get this to work.  Any help would be greatly appreciated.  I would love if Intuit Link actually had "tech" support and not just "tax" support.

I have a client that bought a second home.  Only used it a couple times.  Bought it in 2019 and sold it in 2020.  Made improvements and made a profit.  He forgot to give me his mortgage interest form for 2019.  Also, the property has high real estate taxes.  Is there a way to make a 266 election to capitalize the mortgage interest and real estate taxes in order to include these costs on Schedule D?I know we can amend 2019 taxes to include the mortgage interest but is already at $10,000 for taxes on the Schedule A with him primary residence.  I'm thinking no?  But would like some feedback.Thanks,

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On screen 11 Interest Income, under the heading OTHER, there is a box where you can check "nontaxable to federal {CA}."   I want to use it to enter HSA interest income which is nontaxable to federal but taxable to CA.  But on form 540 schedule CA line 2, "WKS" will list the adjustment as "Interest Income (Reported on Parent's Federal Return)".  Any suggestion where I can properly enter HSA interest income not taxable for federal? Thank you.

Why on the 2020 S-Corp K-1 box 17 code AC self employment income when the S-Corp has a loss.  Something new I missed

I scanned and uploaded signed form 8332.  There is a selection for form uploaded for Form 8332.  In diagnostics says "attached to non-existent form".When not selected as Form 8332, produces a form 8453 to mail in.Seems if Form 8332 is attached to e-file, mailing with form 8453 should not be required.Question:How do I attach pdf of executed form 8332 to e-file of form 1040 so Form 8453 is not required, and do not get error message?

How do I load 2020 Lacerte Software?

I have a taxpayer who received the first stimulus payment but not enough as due a credit for the first payment.  Taxpayer died in October before the second stimulus payment and did not receive a second stimulus payment.  If I put a -1 in the 2nd stimulus it calculates another $600 credit and there is no way to say she was not suppose to receive it.  Should I just put the $600 for the 2nd payment even though they never received it so that it will put the $155 amount they do owe on the form even though the worksheet will be incorrect.  I have a lot of clients this happened to is Lacerte going to start looking at Date of Death so we don't have a wrong worksheet.

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I have a new server that is running the software and need to copy over the data from a the old server.  

I have a 1099-R that qualifies for the CARES Act exception to penalty and allows for tax to be paid over the three year period.  However, I dont see the exception in the input nor an allocation for the tax to spread out over the three years.

Hello,I have a client who took out a retirement distribution before the age of 59 1/2 to put down a down payment on a new home (first time home buyer), and am looking for a little feedback regarding the taxation and elimination of the 10% early withdrawal penalty. I know that under the CARES act if you are considered a "qualified person" the IRS will waive 10% early withdrawal penalty and the taxation of the distribution can be spread out over 3 years. My question mainly pertains to who qualifies as a "qualified individual." I have read who qualifies on the IRS website, but it is not totally clear. My client was forced to work from home due to COVID but did not get COVID, have a roommate who had COVID,  nor did their income/hours drop as a result of COVID. Would the fact that they were forced to quarantine throughout the year be enough to qualify them as a "qualified person?" Also, does anyone know how to enter this into Lacerte?Thank you,Martin

For tax year 2020, no health insurance will receive the penalty.Where do I enter Form 1095-B and Form 1095-C in lacerte ?Thank you