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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- Re: CA SB 113: AB 150 Tentative Minimum Tax
CA SB 113: AB 150 Tentative Minimum Tax
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tax_investment_
Level 2
02-16-2022
06:07 PM
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California Recently passed CA SB 113 on 2.9.2022.
This should eliminate the Tentative Minimum Tax issue with CA AB150 (Pass Through Entity Tax....) This is a state work around to the $10,000 SALT limit.
Any word on when Lacerte will be updated to reflect these changes?
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1 Comment 1
sjrcpa
Level 15
02-16-2022
06:25 PM
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Nope.
The more I know, the more I don't know.
