Form 706 — 2024 software, 2025 death. Line 9a shows a basic exclusion amount of $13,610,000, which is the 2024 amount. Date of death is entered as Jan 2025, but... read more
Hi,When I import a K1 from an SCorp into my client's individual return, the health insurance amount isn't showing on line 45 on form 7203. I entered in the amou... read more
My client, who is a CA resident and has a business structured as an "S" Corp received a K1 that is showing income allocated to multiple States. However, the Lac... read more
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
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
