Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Lacerte DMS Import Error for 1098 box 5 mortgage insurance premiums
Lacerte DMS Import Error for 1098 box 5 mortgage insurance premiums
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
ComputerizedFin
Level 2
05-04-2020
11:55 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
This is at least the second year that when I import the scanned tax documents from DMS to Lacerte I find that the 1098s with mortgage insurance premiums is flowing to detail screen 14.1, other income and then reported as other income on the client's 1040. What the heck is up with this??? Fortunately I am more then particular about every return that leaves my office and after an office associate enters the client's data I review it with a fine tooth comb and I believe and hope I have not missed any of these program errors! I believe I am correct it should NOT be included as income unless in a previous year the deduction was made and should have not been.
Has anyone else found this error that imports data into Lacerte from DMS?
Susan
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
