California client sold a rental condo in NH for a $130k gain.
NH instructions say that a rental is a business activity, and the gain is taxed on Form NH-1040. Intuit says that Form NH-1040 is supported and released for Lacerte.
But while I added NH and allocated the sale to NH, Lacerte won't include this form. NH-BT is grayed out. The Tax Summary shows $9870 owed in Business Profits Tax for NH, but Lacerte doesn't generate a NH-1040, and the client Letter doesn't mention anything for NH. And CA doesn't calculate an OSTC without anything showing owed to NH.
What am I doing wrong?
Thanks!
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