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ca relief grant

For the 2021 CA Covid-19 Relief Grant, Intuit's software could be improved.

This grant is taxable to Federal but not CA. 

The instruction gets the right result - taxable Fed but not CA. However, the presentation is poor.  Schedule CA has a negative number in the subtractions column.  That won't pass the sniff or eye test for my clients who review their tax returns.  (540 page 1 looks fine and is correct.)

 

Also,

A California Current Year AMT NOL appears as a carryforward item as a result of this modification.  The AMT NOL carryforward is not correct.  There should not be an NOL.

I don't know how to get rid of it.

Alica, I will share this bug so the team can fix it.

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1 Comment 1
qbteachmt
Level 15

You posted this to the same forum as you already posted this. The Ideas Exchange is a specific subsection. Here is the direct link:

https://proconnect.intuit.com/community/lacerte-tax-idea-exchange/idb-p/604

 

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