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
- :
- NH Return in Lacerte, have installment sale on sale of assets
NH Return in Lacerte, have installment sale on sale of assets
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Books3
Level 1
03-22-2022
10:21 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Preparing a 2020 individual return; Disposition screen has installment sale of assets with current year principal payments. Form 6252 is correct. I manually input the gain in screen 51.311 for the NH return. The NH-1040 has page 3 with #1g of $10,504 (correct); carries down to line #5 Gross Business Profits of $10,504. Page 3 has line #7 of $10,504; #8 is 1.0000; #9 NH Taxable Business Profits $10,504. Line 10 has no computation of the tax ($10,504 x 7.7% = $809). Line 12 has no computation due.
I've looked through every screen for an override. No idea why it's not calculating.
I called NH DRA to verify a tax should be calculated and yes, it does.
1 Comment 1
gpbunner
Level 1
04-03-2024
03:36 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I am having this same issue in 2023. Was a solution ever found???
