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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- 2019 Lacerte Tax Planner (for 2020 Tax Plans) using 2019 TI limit erroneously
2019 Lacerte Tax Planner (for 2020 Tax Plans) using 2019 TI limit erroneously
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jtgcpa
Level 3
11-18-2020
09:04 PM
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When using 2019 Lacerte Tax Planner (for 2020 tax plans), I noticed that the QBI deduction is limited by the PY (2019) Taxable Income threshhold of $321,400. This is a coding error. The limit should be $326,600.
Any chance Intuit can push this out in an update soon?
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