Hi,
Does someone know if Lacerte will handle Sch D 10-figure numbers?
I have a client with over a billion in transactions.
Thanks,
RK, EA
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Not sure I'd want to submit a bunch of negative numbers to the IRS as part of a tax return. Looks like Lacerte is using a 32-bit register and your stack overflowed and wrapped back around to negative numbers.
2^32 = 4294967296
From your screen cap:
4038716428 (correct amt) + 256,250,868 (negative reported amt) = 4294967296
Mmmm, math. I would assume there's as much negative space as positive space so your upper limit would probably be 2147483648 - 1 = 2,147,483,647. So total gross proceeds over that amount and Lacerte will choke too.
Rick
Asking the same question more than once won't get you an answer twice as good. Many have already pitched in with what they know. If you have anything to add, please just add to the original thread.
OP is now asking about Lacerte.
Before it was ProSeries.
de nada
If it's Lacerte/PTO, looks like the system cannot accept any line item in excess of $999,999,999 but it can handle aggregates in excess of $1,000,000,000.
Yes, SORTA!
Big numbers give this rejection:
You can "cheat" by making multiple entries such as this:
This does not create any diagnostic errors, but it does not print very well.
BUT it does successfully create an e-file.
Not sure I'd want to submit a bunch of negative numbers to the IRS as part of a tax return. Looks like Lacerte is using a 32-bit register and your stack overflowed and wrapped back around to negative numbers.
2^32 = 4294967296
From your screen cap:
4038716428 (correct amt) + 256,250,868 (negative reported amt) = 4294967296
Mmmm, math. I would assume there's as much negative space as positive space so your upper limit would probably be 2147483648 - 1 = 2,147,483,647. So total gross proceeds over that amount and Lacerte will choke too.
Rick
Wow, Rick, I'm impressed! This math is over my head but you have it figured out real good, down to the dollar!
Here's what it looks like at 2,147,483,647.
And here's what it looks like with $1 more...
I have asked @IntuitAustin on more than one occasion for limits that Lacerte might have, but have never received a definitive answer. I guess Rick gave us at least one limit of 2^32 - 1 AND I learned some more HTML!
BUT this wonderful does not accept <sup>!
@itonewbie wrote:Wow, Rick, I'm impressed! This math is over my head but you have it figured out real good, down to the dollar!
Are you saying I solved a problem you didn't know you had in a way you didn't understand?
I think that means I can go to bed now!
@rbynakerLol, I did, didn't I? That proves you're one heck of an accountant! 🤣
So glad you boys stayed up all night to figure it out!
For me, my client does not have over $2B in transactions, just over $1B, so this may work.
The problems of the rich are different than the problems you and I have....
RK, EA
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