Taxpayer has a 1099-Q for a 529 distribution. All funds used for qualified personal educational expenses. Taxpayer is a teacher, and wants to claim $300 Educato... read more
I'm completing a partnership tax return in Lacerte that had oil & gas royalties on a 1099-MISC with Pennsylvania (PA) state withholding taxes. All of the partne... read more
Taxpayer insisted she made all 3 California estimated tax payments for 2025, but after filing, California wrote and said she only made 2. Upon checking her reco... read more
I tried calling this morning, the week before deadline and Lacerte is not open at 7:30 a.m. Central. Then I called back at 8:00. There are so many prompts to ge... read more
Why is it that some people forget to give me Form 1095-A, Health Insurance Marketplace statement?I'm enjoying learning about my clients, not just as taxpayers, ... read more
E FILE error message: Form 990-PF, Part XIV, 3a "Foundation status of recipient" only allows specific inputs for electronic filing. Allowed are PF, POF, PC, GOV... read more
I am having hard time entering market discount on 1099 B in Lacerte. On screen 17.1, if i enter aspositive figure, it shows as loss on form 8949 whereas market ... read more
NY State efile error stating duplicate federal return went through. Error message says contact customer service. I am hoping I can fix it myself without having ... read more
The program is using 40K instead of 20K as its starting point to reduce the SCH a taxes deduction.The limit is correctly calculated based on income in excess of... read more
Form 8959 instructions say that employers are required to withhold more than the 1.45% on wages over $200K. However when taxpayers file MFJ the wage limit befor... read more
My client is a nonresident for NY purposes who is allocated a significant amount of NY-source income from a partnership. For many years now, I have input the NY... read more
I'm preparing a NY Nonresident IT-203 for an Ohio partner. His K-1 shows quarterly estimated MCTMT payments were made for him. Where do I enter those in Lacerte... read more
