My client has earned income that qualifies for the Foreign Earned income exclusion. The total for each spouse is 100% covered on the limit. Additionally, one sp... read more
I determined today after trial and error and manual calculation that the Lacerte Planning Software is using the 2024 Thresholds for phase out of QBI, at least f... read more
I am not a fan of Intuit since it is a monopoly - I want to make that clear.However, Patrice was excellent and extremely HELPFUL, which more often than not is n... read more
I have a 1041 K-1, 1065 K-1 and a 1120-S K-1 for an Individual 1040 Tax Return, but it won't let me import it directly. Based on other sources, it appears I hav... read more
The 2025 return requires us to answer if a dependent is a full time student or not. It would be helpful if that box was in the Organizer with the dependent info... read more
I know this is likely due to the silent beast that is the IRS at current, but is Lacerte able to provide any official updates about when 1040 e-filing will be s... read more
When Lacerte's update dialog notice appears, it shows in the lower right-hand portion of my Lacerte window/screen. It greys out the screen until I click on the ... read more
A partnership with two partners making self-employment income and no employees sets up a solo 401k plan for its partners. In year 1, one partner decides to cont... read more
