I have a client who invested a total of $250,000 in an opportunity zone in 2021. $133,853 was deferred capital gain, the rest was additional cash. In 2024, the ... read more
Intuit Tax Advisor question. We have been using the Tax Planner but are trying Intuit Tax Advisor instead. If someone can help us understand the Client Tab.We a... read more
I have a client that is a CA resident but owns a SMLLC that only holds rental property outside of CA (so all gross receipts are non CA source). All of the incom... read more
I cannot find the Form 2439 in Lacerte. I followed the Lacerte instruction by going to Screen 17.1 Disposition but I did not see the Undistributed Long-term cap... read more
I have only ever used UltraTax before moving to my current firm, which uses Lacerte. One feature I really liked from UT was that I could press F8 and it would p... read more
I have already e-filed 2024 Form 1041 fiduciary return back on April 10, 2025.The personal representative has settle final assets and distributions for the smal... read more
TaxGuyBill responded and wanted to know where the recapture is reflecting on the tax return. I have tried replying but intuit will not let me respond. I can log... read more
I have tried for several days for help with Lacerte that the 2024 Individual Tax Program is recapturing the straight line depreciation on the sale of a rental b... read more
