LLC client's bank withheld federal income taxes on interest incomes (although bank stop doing so now). How do I enter these federal taxes withheld in LLC tax pr... read more
Owners of six unit apartment building lived in this building more than two years. Building was sold for $300,000 gain. Can they exclude whole gain as Primary Re... read more
How to report wages and workers compensation combined income on W-2? The taxpayer received $20K workers compensation and $80K wages. The employer issued W2 sho... read more
Greetings,We are using 2024 Lacerte.When we print the Government Copy, the payment vouchers (Fed & State) are not printing with the Government Copy. The Prepare... read more
When I open my 2024 Lacerte, it briefly says "Logged in as (email address)". I also just found out from a client that it's the same email address they see assoc... read more
When will Lacerte release the 1040-ES Worksheet? I have returns ready to file except for calculating the client's 2025 estimated tax payments. The 1040-ES forms... read more
When a client is not getting a refund from Virginia, direct deposited into their account, the Virginia Efile Instructions are stating their refund is 0 instead ... read more
Lacerte is not completing Schedule L of form 720 correctly. Section C, seems ok but Section D does not calculate at all and Section E only takes the minimum tax... read more
2. Client is forming an S corp. He went to We the People instead of the attorney I recommended. They registered with the CA Sec State, which looks okay. They ga... read more
So Lacerte seems to have replaced "Requires Electronic Payments" for California with "Participant in ETF/Web Pay Program."But these are NOT the same!The "Requir... read more