Excess Deductions on Termination - Non-Miscellaneous Itemized Deductions for interest portion. Prior to 2018 they were claimed by beneficiary as a "2% Miscella... read more
I use lacerte and in preparing a 1040 for a decedent added a new farm equipt asset purchased just days before death. To stop depreciation on this and all farm a... read more
Taxpayer did not get earned income credit although otherwise qualified. Taxpayer had w-2 form with 12,000 wages. Taxpayer 's date of birth was 1-1-2000. Why?
Client works on a small farm and received a W2 with the Household Employee box checked. Efile was rejected due to non-matching employer EIN numbers. Turns out i... read more
Hi EveryoneOk I have an issue don't know if this is a conceptual issue or a lacerte program issue. Client has paid State quarterly estimated taxes in 2024. Esti... read more
Need some help from any of the MA Lacerte CPAsI cannot get the software to recognize the MA withholding number from the W2.What am I missing here?I have a WTH-x... read more
How do I enter if a dependent turned 26 and picked up Health Insurance MarketPlace? I entered the 1095-A screen 39 then for Jan - Sept do I enter a 1 for minimu... read more
I am trying to switch from Interactive to Batch input, then back again. I've done this before and it is like Ctrl plus something else. I've search the board but... read more
Questions for my tax experts. Would you recommend an S corp shareholder take distributions up to their basis each year? If the company doesn't have the money to... read more
