CA SB 113: AB 150 Tentative Minimum Tax

[tax_investment_life]

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?  

[sjrcpa]

Nope.