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CA PTE tax credit
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Paul Yen
Level 1
03-08-2022
12:02 PM
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Why doesn't lacerte update program to allow the pte credit to reduce tenative minimum tax. This issue was fixed retroactively by SB 113 (Ch. 22-3), which repeals the TMT limitation.
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amec
Level 5
03-08-2022
06:36 PM
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Because the FTB has not updated the Schedule P instructions.
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