Lacerte program is incorrect??
2021 California fiduciary income tax return qualified disability trust exemption credit shows $124 and should be $129. This resulted in the FTB allowing $1 as the credit as there is no designation on the Form 541 that shows the qualified disability trust status and Lacerte shows an amount that does not correspond to the correct amount for this type of trust.
Any comment...Lacerte?
Does the federal return show Qualified Disability Trust?
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The federal 1041 shows the Qualified Disablity Trust box checked.
$124 was the 2020 amount. The correct amount for 2021 is $129.
@IntuitGabi you may want to alert programming.
The amount can be overridden on Screen 57, State Credit, bottom item.
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